I won't lie, I saw this drop incoming, I sold near $50k's and bought back at $32k, then sold at $64k in Nov. The chart pattern which was forming was double top with bearish RSI Divergence in which RSI is was going down, Price was going up.
Once it came towards $48k, I was able to see it forming another similar pattern which happened in 2018 that it will touch $22k. So I bought at $21.5k for 50%, and DCAing the rest 50% throughout the year.
Wow well done, i think the 17.8 K is last dip and i hope so if the bitcoin price break that supports in 17.8K i don't know what i going to say but DCA is best at this point in range 20K range and wait for other confirmation
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in fact, there is dozen coin every month that in and out from coinmarketcap so not gonna surprise if many crypto projects will die, usually memecoin or hypecoin gamefi or metaverse, that only join crypto because the hype no future no roadmap anon team was going not die but rugpull too
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Crypto regulation in my opinion is needed in every country rather than banning in plain without any good reason. and yes like the OP said if we can regulate crypto we can help the country's economy too. Based in my country Indonesia, here we can't spend crypto as regular currency but is free to trade as an asset on the exchange who have a license from the government, and of course, the country gets a fee for every we trade and helped the economy.
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I would say will agree with this one but i don't think this is possible you can take a look at the gold, Gold can fight against inflation and you can see the price of gold is driven up and this happen to bitcoin that i would say fight against inflation as well but crypto is volatile in short term like bitcoin did
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I update the 4hr chart here we go, as we can see after breaking the $20.300 price bitcoin price now still testing this as new support for previous resistance even not yet closed but we can see a bounce price in 1-hour timeframe
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I will add more sites like give a little bit info about bitcoin market info including rainbow chart, Fear and Greed Index, and GlassNode which popular among speculators and also bitcoin halving countdown
Whale and gather much info about whats going on in crypto price Bitcoin Halving Countdown Rainbow Chart always dyor first Fear and Greed is also needed
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Update for bitcoin price as we can see that Ichimoku Indicator show short, the MACD, Stochastic also indicating to short the RSI still below 50 meaning still short (*note 1 hour chart) the local support is 21.2 K I hope the 30K range will reach up soon if we can bounce back from 21K
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Sorry guys i dont really understand about this one, what will happen if USD equal to EUR is the EUR gonna collapsing or it will good to USD. because in my country itself USD is strong usually the rate about 14.400 per 1 USD yesterday is touch 15.000 per 1 USD
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not gonna lie why price is important because everyone want to make profit including me hahaha
and of course, bitcoin in the other hand is good for payment privacy and the blockchain itself is breakthrough
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this not just cute this is freakkiing awesome make this as NFT would be great but bear is always in Market so from the picture it seem we happy when bull but we must consider to buy in bear market too
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Glassnode and other on-chain analysts have been pointing to this metric for many months, claiming it shows "bullish accumulation", yet the price continued dropping. This metric, as some Twitter commentators already pointed out, probably reflects a lack of trust in the exchange's solvency, rather than an actual demand for coins. The existence of whales, a difficult-to-measure group of buyers, certainly raises the price, but their weighting isn't made public.
Yes I do agree with this one, if a whale or small investors buy according to the data why does the bitcoin price keeps dropping,which mean there also data that whales and retail investor including miner sell off their bitcoin right?
I also hear about the bitcoin outflow from exchange but I also hear the news about Miner sell of their bitcoin
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Printing fiat money will not cost but just the paper and the ink. If you mean the result of printing a.k.a "THE COST OF PRINTING USD" then its the inflation that American citizen are experiencing, that's the cost. Its like there is a reaction in every action.
Generating is not the same due to its halving. Every 10 minutes the miners will get some about 6BTC but the next halving will be half of it. Less supply over time which is also the reason BTC price goes up.
this is all true we cannot compare between printing money with mining bitcoin
and the cost of printing money according https://www.federalreserve.gov/faqs/currency_12771.htm Denomination Printing Costs $1 and $2 7.5 cents per note $5 12.7 cents per note $10 12.4 cents per note $20 13.8 cents per note and can be paid after print is done
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Your investment will pay off well if you choose it and hold on until the next halving comes ... You should also know the purpose of your investment, whether it is short term or long term. If you handle it long-term you won’t regret Bitcoin.
Yep that is true for long term bitcoin is crazy great
for now if i were you i would invest 50$ first for testing is the crypto really one of your choice. small money actually good for a futures trade but i don't recommendation for non trader
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i have a bunch of them from gambling sites that can turn you always the winner, or high yield investment programs that offer you 999999% APY, or people from exchanges that can't withdraw their money, or
I don't know why but this keep popping up and people DM you give free money is good to be true in 9999 chance they are a scammer.
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They should do buy back or airdrop instead of removing the fees since it’s almost negligible especially if you use BNB to pay transaction fee. Binance anniversary reward this year is kinda not generous compared to previous years which they gave a lot of bonus and free tokens to all there active user.
I think this is because of the bear market and they don't have much money and back years ago they give a lot of money Is try to gain more user but now binace is number one exchange based on marketcap so they need give some much bonus to feed to the old user too
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damn, what is the bike brand are u in a Southeast Asia country, here in Indonesia is forbidden to buy something with crypto but it would be great if this story happen to my story haha. On the other hand, crypto was really helpful to me when back a couple of years ago I didn't have a bank that have VISA or MasterCard Logo so I can't even buy things outside the country or pay service like Virtual Private Server. after Crypto payment become popular I buy VPS on Vultr Buy Hardware Wallet in Safepal buy VPN Surfshark is all of it using crypto and it was smooth i hope there is more merchant that accept crypto as payment
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Visa always become the pro to cryptocurrency but after i see the article and watch your guys opinion, this bit suspicious and after all the fiture only available in united arab emirates "the world’s largest payment network, which shipped a restrictive VIP cryptocurrency charge card called ‘bitcoinblack’ in the United Arab Emirates, according to a public statement on July 3."
I mean its always simply WD to your bank and boom its done, you can be member priority in your local bank
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Or maybe Ronin network just messed up and gave away their private keys to the hackers otherwise if this was possible, Don't you think so many addresses holding large amounts of Bitcoin would have been hacked by now?
Yes I do agree with this, I do believe that what happened to ronin network is insider job. and I know quantum computer capable doing lot of thing but what you have said is true
reuse-ing address is fine for daily transaction with account not more thang 1000$ as long you don't fall to scammer and hiding away your private key, but for privacy process using Wasabi wallet or other mixer is always be a great choice
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hahha i receive the PM yesterday and I ask to him are u trying sell security program but he said that I must delete the security question in my account I think this person DM high ranking member
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yeah, that actually a good chart i have same things too. but the difference is why the bitcoin price still not touch the upper level yet why it look like still in the middle but already go down.
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