Hey guys don't be surprised by Doge's 40% increase, in this particular case he has his very good explanation and all thanks to the greatest godfather Elon Musk, which, he did a tweet that guaranteed the coin to make such a bullish move. :




Source: https://cointelegraph.com/news/dogecoin-surges-40-on-back-of-coinbase-pro-listing-musk-tweets
In this case the effort of the bulls has been well helped thanks to this tweet, boy does Elon Musk still move emotions for the community and people in general for Doge.

It is necessary to highlight that the price of BTC is due a lot to the Supply-Demand and Influences on the part of people who move masses in the market, be it for their particular interests of market speculation, we can intuit that volatility also has a lot to do with it, It is what differentiates the BTC market from all other markets that have a much more stable behavior, for May of this year is when the highest volatility developed according to this article:


Source: https://www.forbes.com/sites/cbovaird/2021/06/02/bitcoin-price-volatility-reached-its-highest-in-a-year-during-may/?sh=2def9f8639e7

Taking into account these data it is necessary to highlight that volatility makes many weak hands sell in a massive way, it is much more influential when there is FUD involved like Elon Musk's.

The uncertainty of the market is the one that has been reigning these last two weeks, many think that we are in a bear market, others think that it is a big correction, but I agree with the analysis they do on CNBC, the bullish trend is not over yet:


Alexander Roumpos said:



Source: https://www.newsbtc.com/news/bitcoin/heres-why-the-bitcoin-bull-run-isnt-done-yet/

The article is very interesting, it agrees with me that there is a lot of uncertainty and that the bullish trend has not ended yet, it is a matter of waiting to see how things continue to develop for BTC.

XRP at the moment there are airs that blow in favor of a bullish trend, the technical indicators indicate that path, in the short term it is most likely if everything goes well for the currency, the effort of the bulls is beginning to be noticed, according to this article is what is displayed:


Source: https://cryptopotato.com/ripple-price-analysis-xrp-looking-at-1-10-following-a-6-weekly-increase-can-it-go-higher/

The growth probabilities for XRP are huge, maybe a good move by BTC will leave XRP with much more oxygen and all the highs, if all goes well we can see the rally of XRP.

I understand that one of the conditions for the death cross to occur is that a bearish trend is confirmed, and there cannot be a bearish trend if a Distribution stage has not occurred. According to many analysts they say that it will happen, but when I read many articles, one in particular catches my attention that states that "History repeats itself" casually with BTC, but history does not repeat itself, because the circumstances that occurred at that time , going back to BTC's past cannot be compared to 2021, which has been a year of many controversies, including a pandemic.

This article reviews it in a great way:



Source: https://cryptopotato.com/analyst-warns-of-potential-bitcoin-death-cross-and-dump-to-18000/

I think that the falls are when very few see it coming, some mostly falls by surprise, but they tend to be at the least expected moment, the last fall was not so sudden, because all the correction that is currently being experienced in BTC is practically the fault of Elon Musk, after he made a great Fud, a lot of news was released that was not very good, and the weak hands began to sell, this is normal in all markets, you just have to stick to the falls of the markets is the most normal thing in the world.

But the recovery is not waiting, some technical analysts are just waiting for the price to start its bullish sense, for now what reigns is great market uncertainty, but it is nothing so serious that it cannot be handled, there is only to wait a bit to see how things continue to develop.

If BITCOIN is treated as a currency in all countries, obviously no currency would have a chance, because Bitcoin gains value over time and that value is reflected in USD, Eur or any strong and stable currency.

If people start to see BTC as savings, banks would simply start their problems, because people would withdraw the savings and put it in BTC, it does not matter if BTC falls in price, what matters is that it will recover and begin to multiply that savings .

What would be achieved is that people achieve their Financial freedom, many work hard to do it and cannot achieve it, I think that if BTC is accepted as a global currency it would not compete with any currency, it would have to be equated with BTC / GOLD, it which turns out to be something more real.

Always for our children it is good to have investments of all kinds, firstly we cannot put aside traditional investments, such as Real Estate, Gold, they are fundamental for those who have the blessing of being able to do so and if it is for their children a lot better, now Bitcoin is also an incredible investment, just having 1BTC just for them is something great, the reason is simple, as time passes BTC is valued much more, actually to make an appraisal about BTC is something too complicated because the price or value could be calculated at a maximum of 3 to 6 months and it would have to be updated, in the long term I know that it is a growing curve, that is why each investment in our children and children, no matter how small, always it must be done. In fact, in Venezuela, there is a teacher who teaches her students (Children) Bitcoin at the school where she teaches them.

Thank you very much for sharing, very few people do it and it is great that all these methods have helped you to have passive income, with respect to my experience I only have passive income in casinos doing Staking, I am reviewing some games that Unfortunately they are not yet in the casinos, but if it generates passive income, what you have to dedicate is a lot of time to play and be aware that in the game you do not lose the level, or that another player hurts and kills you because you would lose your progress. My experience focuses on gambling, and on some occasions I was staking coins from crypto projects, but it is not a big deal.

I think that these countries that banned BTC people must be somewhat more irreverent, it is not possible and it should not be accepted that a government, bank or third party takes away the right not to have BTC, or not to use it, much less save it, these Countries that have banned Bitcoin seems to me that their governments at some point have to back down, because Bitcoin is ringing globally, and they cannot refuse the technology, they cannot be left behind.

The main reason why they do it is so that they do not do money laundering, but the same thing happens, those who use VPN and protect themselves very well, can access and make all kinds of transactions, in addition, OTP exchanges have more emergence, it is It is impossible that in the near future there will be countries with this type of vision, at some point they must retract.

Apparently the bullish trend of BTC is at the door, throughout the entry, at least the technical indicators are affirming it according to this article, what strikes me the most is that the mass in general is waiting for there to be a fall in BTC massive, even some analysts and investors think that BTC will have another drop:



Source:https://www.newsbtc.com/analysis/btc/bitcoin-steadies-above-100-sma-36k/

All these data are from BTC taking its recovery and we see a big bullish trend, in fact it is what is most expected, despite all the FUD of Elon Musk started the whole storm of BTC and the market in general.

My first contact with BTC was something incredible, the truth was I could not believe that I had made a purchase with BTC, money that was much faster to transfer than in a traditional bank, the truth that most caught my attention was when I understood that The volumes of money can reach from the farthest place on earth to any other without the need to ask for permits, or authorizations from third parties, going over banks and especially governments, I think that was what impacted me the most.

At first I believed that this technology was not nor did it belong to this world, I even thought if we really deserved it, or if it was from another parallel universe, all those things crossed my mind, and later is when I began to read much more And to understand, of course there are many things of a technical nature that I still need to learn, I believe that learning never ends.

I have very different thoughts about the ways of trading, personally I really like to follow Wyckoff's theory and apply all the teachings of Jesse Livermore to the market, his way of thinking and how to attack the market when it comes against my trades, among other things. Also many traders do not really know how to distinguish when to speculate in the market and when to invest in the market, since the terms are very similar but have great differences, this article is very good to understand how Buffet's teachings can be also applied to the crypto market:

Take a Page from Buffett’s Playbook with Bitcoin Options from Hedget

Source: https://www.newsbtc.com/news/company/take-a-page-from-buffetts-playbook-with-bitcoin-options-from-hedget/

These teachings are applicable to the market, not only of BTC but to all.

I would not call it a bear market, the implications are many that prevent it, rather I think that currently the market is going through a very large correction, in fact, there are many theories that support it, when we take into account the S2F models of PlanB states that this is just the beginning, that the bullish trend has not started as it is, $100k is the first target, and $288k is the other target as well.

In addition, the monthly red BTC candle is totally comparable to the one that occurred in 2013 just before the bullish trend for that year, of course the fundamental characteristics at that time were very different from those of 2021, but in terms of chartism it is totally valid.

For me a true bearish scenario is one that comes after a Distribution stage, normally the bearish trend stage also has corrections and recoveries just as it does when the market is in a bullish trend, honestly the signs of this can be noticed in the volume, and in the amount of sales or sales wall by the whales.

That is why I personally do not believe that the bullish trend stage has yet ended in the BTC market, there is much more to do. In addition, in any market when there is a bearish trend, the news is usually very positive to encourage buyers who do not understand the market to buy, while millionaires sell high, the whales are the ones who actually decide when to enter the market  bearish trend. As soon as the bearish trend stage is present, trades usually appear in "Leveraged Shorts", that is another way to confirm such a trend.

The safest currency for investment for me will always be BTC, it is the first option, then I would go for ETH and continue for Monero, Zen, Zcash, I say these privacy coins because I know that in some years investors will seek to be more anonymous, It will no longer matter so much how many cryptocurrencies you have or how many BTC, what will matter will be how you can do to transfer all that amount of money safely and that they are not tracked.

This is to guarantee security, because as time passes, thieves and hackers advance with the best programs to steal, here only the degree of security and anonymity will influence, that is why I think that privacy coins will shine a lot.

Desde Febrero hemos visto un gran aumento en las tarifas de BTC, de hecho algunos han tomado la decisión de hacer un trade rápido para cambiar a una moneda como TRX,LTC, BNB, ADA, para poder disminuir los fee. Sin embargo hay veces que no hay manera de esquivar este impuesto, que ya resulta bien molesto, realmente esto ocurre cuando la demanda de transacciones para procesar son mucho más grandes que la oferta de los mineros.






Fuente: https://criptotendencia.com/2021/06/01/que-sucede-con-las-tarifas-de-bitcoin/

Todo esto viene también por las medidas energéticas, ya desde China muchos mineros han migrado para poder hacer bien su trabajo de la minería, entre más barato sea la energía eléctrica las transacciones puede que se abaraten más. Ahora el problema energético tiene más impacto a pesar que hay otros procesos en el mundo que si consumen mucho más energía y contaminan por encima de los niveles de la minería de BTC.

BNB continues to be related to its short-term movement, little by little it is gaining more ground, ETH is also doing the same, however, more recovery is being noticed by BNB than by ETH, this analysis shows:



Source: https://beincrypto.com/bnb-bounces-and-reclaims-long-term-support/

If all goes well, I think BNB will perform well, however ETH is usually the first currency that has the most recovery after BTC, it is usually the highest percentage winner after confirming the bullish trend of BTC, even when BTC has a bullish rally.

If it will continue to grow, in fact not only with Apple, but also with Master Card and many other entities, the market capitalization has grown too much, in fact I think it compares with Apple for what it represents worldwide.

Apple has a stake in the Stock Market, has been in the stock market for years, therefore it is known by many investors worldwide, as interest in Crypto grows and especially in BTC the market capitalization will be much larger, in fact As the presence of BTC through Coinbase is on the stock market, it gradually makes the voice of BTC known, this is entering stealthily, which is not bad at all to be in those areas.

Hey guys, how are you doing? I was wondering what you think of SRM? It is a "Defi" protocol currency and according to the article it is classified as one of the 5 best, at the moment the market has a low price of BTC, $ 36k- $ 37k with respect to ATH is very low, however the opportunities can occur at times when most alts are low in price:




Source: https://beincrypto.com/top-5-defi-coins-for-june/

I think that right now SRM represents opportunity, I don't know if anyone is a hodler of this coin or what experience they have ... but I see it as an opportunity.