The bullish divergence on the weekly Bitcoin chart gives a fairly strong signal for an imminent market reversal. The same situation was in the middle of last year with a bearish signal, and it worked out with a bang.
Recently, a huge number of arguments have been in favor of long-term growth. But in fact, we are still almost in a semi-annual outset. Perhaps the market maker has changed tactics and instead of an insanely strong decline, we have an insanely long flat. Polls show that he is driving the market into apathy no less.
Recently, a huge number of arguments have been in favor of long-term growth. But in fact, we are still almost in a semi-annual outset. Perhaps the market maker has changed tactics and instead of an insanely strong decline, we have an insanely long flat. Polls show that he is driving the market into apathy no less.
Breaking: Terra Do Kwon Explains How SBF And Genesis Led Terra-LUNA Crisis
https://bit.ly/3Bg16Ak
https://bit.ly/3Bg16Ak
Bitcoin has come to the lower boundary of the global parabolic channel, from where it is quite logical to expect a new growth cycle.
If you look at investing in crypto globally, then where else should you buy, if not after a decrease of ~ 80% from ATH, when all indicators scream about the upcoming growth? I know for sure that many people bought bitcoin in the long term at $40,000 and $60,000 in anticipation of $100,000 and more. And when they come out only to breakeven, bitcoin will bring x3-x4 to those who buy now.
And yet, we must be aware that the military-technical cooperation could already complete a large-scale growth cycle and then go to zero. Therefore, the share of capital in the crypt should be adequate to the risks.
If you look at investing in crypto globally, then where else should you buy, if not after a decrease of ~ 80% from ATH, when all indicators scream about the upcoming growth? I know for sure that many people bought bitcoin in the long term at $40,000 and $60,000 in anticipation of $100,000 and more. And when they come out only to breakeven, bitcoin will bring x3-x4 to those who buy now.
And yet, we must be aware that the military-technical cooperation could already complete a large-scale growth cycle and then go to zero. Therefore, the share of capital in the crypt should be adequate to the risks.
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Complete simple taks and participate in various events to get a share of the prize pool.
In addition there is 30,000 $USDT in Starter Rewards for new traders.
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Tether continues to block USDT wallets at the request of regulators and law enforcement. So far, 810 addresses worth $435.5 million have been blocked.
(Dune Analytics)
Recently, Tether has also been driven by a wave of FUD, but the company is doing an excellent and stable job. And the peg to the dollar is becoming less and less volatile.
But despite this, holding USDT without diversifying stables is not safe anyway.
(Dune Analytics)
Recently, Tether has also been driven by a wave of FUD, but the company is doing an excellent and stable job. And the peg to the dollar is becoming less and less volatile.
But despite this, holding USDT without diversifying stables is not safe anyway.
The correlation between Bitcoin and the SP500 index has set a new record - Kaiko.
Getting tethered to the US economy at a time when a recession is looming is sad enough. But in any case, next year I expect a global turn in the crypt. I simply do not believe in the endless fall of a conditionally deflationary asset during an inflationary crisis.
Getting tethered to the US economy at a time when a recession is looming is sad enough. But in any case, next year I expect a global turn in the crypt. I simply do not believe in the endless fall of a conditionally deflationary asset during an inflationary crisis.