crush
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Israel attacks Iran ..
Secure your assets ASAP..
A crypto Earthquake is coming..
#BTC☀ #crush #SecureYourGains #Secure_the_bag🚨
Secure your assets ASAP..
A crypto Earthquake is coming..
#BTC☀ #crush #SecureYourGains #Secure_the_bag🚨
There's a real smell of burning in the crypto market. The media is starting to talk about Bitcoin, many new players are entering the market, and a friend asked me yesterday, 'Do you think it's a good idea to invest in Ethereum?' That's when I knew it was time to start getting out of the market.
So, here's my opinion, the same one I gave to him and applied to myself: it's not the right time to enter the market. I've sold 60% of my altcoins, and I'll continue if the market keeps heading in this direction.
Everything is moving too fast, too strong, everyone is making money: too many people are making money. There will soon be a huge crash in the market and a lot of players will exit, probably a -25% or -30% on Bitcoin, and a -40/-50% on altcoins. It hurts, it's tough, but it's necessary.
What I recommend: sell a reasonable portion of your altcoins, place buy orders at lower levels, and wait. This moment is not far away at all.
This post reflects only my opinion.
Thank you for reading.
If you liked it, don't hesitate to like, comment, and share my post: it helps me a lot.
Feroz shah.#BTC #crush #HotTrends #HotTrends
So, here's my opinion, the same one I gave to him and applied to myself: it's not the right time to enter the market. I've sold 60% of my altcoins, and I'll continue if the market keeps heading in this direction.
Everything is moving too fast, too strong, everyone is making money: too many people are making money. There will soon be a huge crash in the market and a lot of players will exit, probably a -25% or -30% on Bitcoin, and a -40/-50% on altcoins. It hurts, it's tough, but it's necessary.
What I recommend: sell a reasonable portion of your altcoins, place buy orders at lower levels, and wait. This moment is not far away at all.
This post reflects only my opinion.
Thank you for reading.
If you liked it, don't hesitate to like, comment, and share my post: it helps me a lot.
Feroz shah.#BTC #crush #HotTrends #HotTrends
The last #crush in the beginning of the first month of 2024 was a serious blow as many tokens are still struggling to regain their support.
💥💥💥 2 key #bitcoin☀️ metrics signal steady bull cycle — 'No bubble' in sight
Bitcoin’s current price action shows strong bullish momentum despite not reclaiming its March all-time high, according to CryptoQuant researcher Axel Adler. He points to two key metrics: the bubble vs. crush market structure score and the MVRV-Z score, both indicating a healthy market with no signs of a major correction.
1. No Bubble: The #Bubble vs. #crush score is at 1.02, suggesting Bitcoin is not in a bubble. This score is much lower than during the all-time high of $73,679, where it indicated a bubble at 1.5.
2. Minimal Overvaluation: The MVRV-Z score, a measure of Bitcoin’s overvaluation, is slightly above its annual average at 1.8, indicating only minimal overvaluation. This suggests the market remains bullish as long as the score stays below extreme levels.
3. Trader Insights: Traders note Bitcoin’s extended consolidation period as typical for the phase before and after a halving event. Some, like Rekt Capital, believe Bitcoin is poised to reclaim its post-halving accumulation range, signaling potential for future gains.
Source - cointelegraph.com
#BinanceSquareBTC #bitcoinnewsupdate
Bitcoin’s current price action shows strong bullish momentum despite not reclaiming its March all-time high, according to CryptoQuant researcher Axel Adler. He points to two key metrics: the bubble vs. crush market structure score and the MVRV-Z score, both indicating a healthy market with no signs of a major correction.
1. No Bubble: The #Bubble vs. #crush score is at 1.02, suggesting Bitcoin is not in a bubble. This score is much lower than during the all-time high of $73,679, where it indicated a bubble at 1.5.
2. Minimal Overvaluation: The MVRV-Z score, a measure of Bitcoin’s overvaluation, is slightly above its annual average at 1.8, indicating only minimal overvaluation. This suggests the market remains bullish as long as the score stays below extreme levels.
3. Trader Insights: Traders note Bitcoin’s extended consolidation period as typical for the phase before and after a halving event. Some, like Rekt Capital, believe Bitcoin is poised to reclaim its post-halving accumulation range, signaling potential for future gains.
Source - cointelegraph.com
#BinanceSquareBTC #bitcoinnewsupdate
