#Bitcoin❗ (too early to rejoice) Yesterday's 0.5 Fed rate cut and positive hawkish speech by Chairman Powell had the opposite effect than expected. Markets cut, the dollar strengthened, gold soared and bitcoin also rose to 62k.
It would seem that everything is great and now we can start a full-fledged Bullrun? No, friends, don't fall into that insidious trap.
A dramatic fed rate cut 📉 signals that the economy is in big trouble. So I see this as a temporary BTC increase before further declines.
My prediction is 45k per Bitcoin by the end of October or sooner. Hurry up friends and may the force be with you. 🧙♂️ #btcupdates2024 #bitcoin☀️ #bullorbear $BTC
$BTC Fed's 50 basis point interest rate cut brought movement to BTC. I made good profits in 7-8 transactions. I didn't have time to share because I didn't want to miss the opportunities. $61343 is clearly a resistance. $60344 is an important point. I will continue to share transactions as I find the opportunity. We are in days when good profits can be made with simple methods such as MACD and 200-day EMA. Follow the transactions I will give.
$JASMY Entry price is 1986, I will prefer 20x leverage, the market is not very active, I did not want to wait for a long time so I kept the leverage higher than normal, I am thinking of taking profit between 0.02140-0.02150, I wish good luck to those who want to evaluate
$JASMY Entry price is 1986, I will prefer 20x leverage, the market is not very active, I did not want to wait for a long time so I kept the leverage higher than normal, I am thinking of taking profit between 0.02140-0.02150, I wish good luck to those who want to evaluate
$JTO 2.061 is the entry price, I see 10x leverage as ideal. I did not determine a profit taking point based on memorization, I will take profit depending on the progress, stay tuned or close the position when the profit seems sufficient.
$JASMY We closed with a 20% profit, the movements got heavier, there is no need to turn it into gambling. $JTO It is still open, I expect a 20% profit from there too.
Levoplt
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$JASMY is going well, I expect the same performance from $JTO
$JTO 2.061 is the entry price, I see 10x leverage as ideal. I did not determine a profit taking point based on memorization, I will take profit depending on the progress, stay tuned or close the position when the profit seems sufficient.
$JASMY 0.02045 Our entry price is 10x ideal; Our profit taking point depends on the trend, stay tuned or close the position when your profit seems sufficient. Good luck