Market showing good strength atm
There is a sell wall around 44-46K area which we fighting now , I am holding my positions strong here , if there is a pull back at any point to 39-42K area I am looking to add (patient on RSI to reach over sold position)
Russia is going to treat #Bitcoin as a currency. When are policy makers going to realize this is the most urgent strategic importance. This is like owning a piece of the internet itself + global settlement layer..you don't get any do-overs for the size of your opening position
"For the cryptocurrency market, this means that a contraction in liquidity and an exit is inevitable and that the short-term rally is more likely to be a "short-term recovery when fall comes. Investors still need to prepare for winter.
last time we got a nice close above the 100 dma was back in july which was the start of an almost 100% rally, so things are defo starting to look good again imo.
Bidding green box(es); would like to see a higher low set for continuation. Flip the 40-41k area as support and can start eyeing 47K which is PoB in confluence with yearly open and STH realized price. Final major area is 58k.
It's important to keep track of all the events happening in the Bitcoin Cash ecosystem to understand what has been done so far, that a lot has been accomplished, that more is coming, and that focusing on price assets could erroneously lead to early conclusions
Start using cryptocurrencies like Bitcoin Cash #BCH. It canโt be censored or frozen. Nobody can stop you from using it. Itโs global, digital, cheap, secure, open source, reliable, money.
20-22, 2022, the entire digital currency crypto market as a whole fell, ETH reached a low of $3,200 in 24 hours, and the whole network liquidated nearly $600 million. Many people lost money and said that they are going to start entering again: the ineffective work phase,