Bitcoin saw a real test of its market composition on Thursday amid a sea of liquidations reminiscent of the events from last year.
https://cointelegraph.com/news/bitcoin-held-up-very-well-despite-biggest-exchange-inflow-since-march-2020-crash
https://cointelegraph.com/news/bitcoin-held-up-very-well-despite-biggest-exchange-inflow-since-march-2020-crash
Cointelegraph
Bitcoin ‘held up very well’ despite biggest exchange inflow since March 2020 crash
Bitcoin traders sent more BTC to exchanges than any time since March 2020 on Thursday.
The market has 4 important phases:
1. Accumulation phase where trend traders get killed
2. Advancing phase which trend traders love — Best trading strategy is to long the uptrend
3. Distribution phase where trend traders get killed, again
4. Declining phase where traders turn into investors — Best trading strategy is to short the downtrend
#Learning
1. Accumulation phase where trend traders get killed
2. Advancing phase which trend traders love — Best trading strategy is to long the uptrend
3. Distribution phase where trend traders get killed, again
4. Declining phase where traders turn into investors — Best trading strategy is to short the downtrend
#Learning
New #Binance listing: Arweave
Arweave ($AR) is a storage network built on a decentralized network structure called “blockweave technology”.
Learn more about #AR in the research profile 👇
https://research.binance.com/en/projects/arweave
Arweave ($AR) is a storage network built on a decentralized network structure called “blockweave technology”.
Learn more about #AR in the research profile 👇
https://research.binance.com/en/projects/arweave
Binance
Arweave (AR)
A Decentralized Network for Data Storage.
Elf Crypto VIP
#ETH/USDT Trade Opportunity!
Whoever took this amazing #ETH SHORT can TP 25% of the position here! 👍🏻
If #BTC daily breaks below $46k level it may go to $40k, and there will be more bleed in alts so tight SL and reduce position‼️
Elon Musk: Dogecoin Can Beat Bitcoin ‘Hands Down’ https://decrypt.co/71040/elon-musk-dogecoin-can-beat-bitcoin-hands-down
Decrypt
Elon Musk: Dogecoin Can Beat Bitcoin ‘Hands Down’
Elon Musk said Dogecoin can beat Bitcoin hands down if it speeds up its block time and block size by 10x, and decrease fees by 100x.