The market has collapsed: WHAT TO DO โ
At such a market drawdown, you should not give in to emotions and work with a cold head. A large number of people on this drawdown leave the market, sell assets or liquidate on futures altogether. You should make decisions opposite to the majority.
๐ช #BTC Bitcoin. The most obvious and easiest. Buying the first cryptocurrency after corrections has always been one of the best trading ideas on the market.
๐ช #SOL Solana. This coin is one of the most trending coins on the market. On the current dip, it is holding up better than the market. When the market normalizes, it will also grow faster than the market.
โ๏ธ #ZK zkSync. As we now realize, the project developers did not choose a bad time to list, but a terrible one. They waited for a "good time" for many months and ended up coming out in front of the strongest dump in the last 1-2 years. They probably did this intentionally to knock the "weak hands" out of the market. So now is a good time to buy.
๐ #TON Toncoin. The coin is holding up better than the alt market as it has now only spilled down to its May lows. The coin's fundamentals are extremely strong as there are many growth points related to Telegram integration.
@cCryptoChannel
At such a market drawdown, you should not give in to emotions and work with a cold head. A large number of people on this drawdown leave the market, sell assets or liquidate on futures altogether. You should make decisions opposite to the majority.
๐ช #BTC Bitcoin. The most obvious and easiest. Buying the first cryptocurrency after corrections has always been one of the best trading ideas on the market.
๐ช #SOL Solana. This coin is one of the most trending coins on the market. On the current dip, it is holding up better than the market. When the market normalizes, it will also grow faster than the market.
โ๏ธ #ZK zkSync. As we now realize, the project developers did not choose a bad time to list, but a terrible one. They waited for a "good time" for many months and ended up coming out in front of the strongest dump in the last 1-2 years. They probably did this intentionally to knock the "weak hands" out of the market. So now is a good time to buy.
๐ #TON Toncoin. The coin is holding up better than the alt market as it has now only spilled down to its May lows. The coin's fundamentals are extremely strong as there are many growth points related to Telegram integration.
@cCryptoChannel
JUST IN: ๐ฏ๐ต Metaplanet announces to raise ยฅ10.08 billion to buy more #Bitcoin ๐ฅ
@cCryptoChannel
@cCryptoChannel
๐ช Bitcoin update
Over the past 24 hours, BTC showed positive dynamics. Contrary to the expectations of many, the price bounced upwards in the afternoon
Let's analyze the daily timeframe. As we can see, the price remains within the "price channel" pattern. Yesterday on the spill it shadowed the lower boundary of the formation, but eventually returned with the body behind it.
We saw similar situations with the local low renewal in early May and early July. Then liquidity under them was removed, after which the price started moving to the upper boundary of the channel.
Perhaps, we will see a repetition of this situation now. To confirm such a scenario, we need to break the mirror level of ~$58,350 and consolidate above it ๐
@cCryptoChannel
Over the past 24 hours, BTC showed positive dynamics. Contrary to the expectations of many, the price bounced upwards in the afternoon
Let's analyze the daily timeframe. As we can see, the price remains within the "price channel" pattern. Yesterday on the spill it shadowed the lower boundary of the formation, but eventually returned with the body behind it.
We saw similar situations with the local low renewal in early May and early July. Then liquidity under them was removed, after which the price started moving to the upper boundary of the channel.
Perhaps, we will see a repetition of this situation now. To confirm such a scenario, we need to break the mirror level of ~$58,350 and consolidate above it ๐
@cCryptoChannel
JUST IN: ๐ท๐บ Vladimir Putin signs law legalizing cryptocurrency mining in Russia.
@cCryptoChannel
@cCryptoChannel
๐ฐGrayscale says that Bitcoin could reach its all-time high again if the U.S. economy avoids recession this year.
@cCryptoChannel
@cCryptoChannel
NEW: ๐ฏ๐ต Metaplanet has purchased an additional ~57.10 bitcoin for ยฅ500 million at an average price of ยฅ8,756,107 per $BTC. As of August 13, Metaplanet holds ~303.10 bitcoin acquired for ยฅ2.95 billion at an average price of ยฅ9,732,933 per $BTC.
BREAKING: ๐ Goldman Sachs now holds over $419 million worth of #Bitcoin ETFs as of June 30th, according to their new 13F filing ๐
@cCryptoChannel
@cCryptoChannel
Balancer V3 launches with Aave partnership for Boosted Pools
https://www.theblock.co/post/330379/balancer-v3-launches-aave
https://www.theblock.co/post/330379/balancer-v3-launches-aave
The Block
Balancer V3 launches with Aave partnership for Boosted Pools
Decentralized exchange Balancer has launched its V3 platform upgrade, focusing on liquidity optimization and improved developer tools.