Why Bitcoin is Rising, Understanding the Real Logic
Most of the current bearish views are conspiracy theories, claiming that the manipulators push it up and then bring down a big red candle, leading to a double explosion for both long and short positions. I can only say this is definitely a conspiracy theory. First, ask yourself a question: Is there really a manipulator for Bitcoin? In fact, there isn't; at most, only a small group of people can coordinate to manipulate it, but their impact on the entire market won't be significant. Because based on human nature, everyone's view of Bitcoin is different, so it's impossible for Bitcoin to have a strong manipulation like VC coins.
Secondly, some people use heat maps to predict price fluctuations, which is also a huge mistake. First, heat maps change in real-time, and your reference is a dynamic thing. Do you think that's useful? Secondly, if the price of something could be predicted based on heat maps, it would be utterly ridiculous because the funds from contracts account for less than 1% of the entire BTC market value. Using the fluctuations of this small amount of funds to predict the entire market's fluctuations is a case of survivor bias. It's purely nonsense! Groundless talk.
Next, let's talk about why it will rise: the cycle.
The logic is simple, but few people understand it. Even fewer can persist once they understand.
Let me give you an example of why Bitcoin can consistently break through resistance levels.
First, after blowing up the short positions, they switch to spot trading to continue driving the price higher.
Second, although many people are going long from below, based on human nature, most of those who make money from long positions will choose to buy in. This creates a positive cycle because the funds driving the price up also know that even if they allow the long position holders to profit, it doesn't matter. After they close their positions, there are only two choices: first, go short, and the final outcome is being blown up; second, go long, take profits, and buy in spot. This still raises the spot price, so no one wants the price to drop.
#内容挖矿 BTC is hovering around 60,000-70,000 this month, slowly stabilizing to 70,000-75,000 in October, 80,000 in November, 90,000 in December, and the predicted price for January 10-12, 25 years #BTC走势分析 #btc #比特币突破7万美元
Airdrop is expected. It’s okay to miss PIXEL, but you must get monprotocol
Did you miss Binance’s new coin mining project $PIXEL before? Don’t miss $MON. A new airdrop opportunity should be good from the perspective of game style. You can pay attention to it for a long time. Project Introduction $MON is an ERC-20 fungible token that will be used to drive and manage the MON protocol, which is an IP protocol that will be launched with the Pixelmon ecosystem as the first use case. It can be downloaded from the official website and push It can be seen that $MON is a Pixelmon ecological partner and has confirmed the airdrop. Specific steps 1. Visit the link https://app.monprotocol.ai/questing/missions 2. Link tuite 3. Enter the invitation zrh4262264. Do some tasks to follow Twitter 5. View points Points are a reference for future airdrops, you can follow them every day Check if there are any new tasks. For some players with limited funds, early interaction with the project is a way to understand the currency circle more quickly than speculating on coins. Come on, welcome to exchange early project investment and research, project interaction, and hair-raising. I hope everyone will gain something from every interaction#Portal #热门话题 #BTC
WEN Exchange project introduction WEN Exchange is a global cryptocurrency trading platform dedicated to providing users with safe and efficient digital asset trading services. The platform uses advanced blockchain technology to provide users with multiple digital currency trading pairs, and provides a variety of trading tools and functions to meet the needs of different users. Operation Guide: Visit the link tuite and then link discord in the link wallet to receive the 400 wen invitation code. You can fill in the QHMSMX trumpet and fill in your own early bull market to explore new projects together. #热门话题 #sats #BTC #ETH
SkyArk Chronicles is a Play-to-Own blockchain game that allows players to own or trade in-game assets. It features interoperable NFTs that can be used in different games and is expected to lead to a more diverse gaming experience. SkyArk Chronicles has raised $15 million in funding, led by Binance Labs, according to an announcement on January 12, 2024. Other investors include LayerZero CEO Bryan Pellegrino and Singapore-listed VividThree. Specific operations 1. Go to the link https://skygate.skyarkchronicles.com/farming?invite=0xA58118fAF2491FD949e151f85509Df1F00Cb6991 and click "Sign In" (once a day) 2. Enter Skygate Faming: https://skygate.skyarkchronicles.com/farming, click "Explore" "(Once a day) 3. Enter the Skygate squad, there is a button on the left and right, (5-6 times a day, gas is required, if you want to do it for free, just sign in) NFT can go to element and search skygate to buy it. Research on the early stage of the bull market. Project, promising future