Hi inleo friend's.
#Bitcoin:-
Today's post is going to be very special and here I am with an update on Bitcoin as we mentioned earlier that the market is currently above its high and always before Bitcoin Halving. There is a correction, so this time we are seeing the same correction and will Bitcoin go down further from here or will it reverse, then we will discuss all these things with you in today's post.
I have six to eight years of experience in crypto and all these things I am going to share with you all in today's post. At that time the support of Bitcoin was 65500 and we have seen it go up to 64500. Yes, and the way its candle closed a while ago, it's a good sign that it closed above 65,000. It is a good sign that its candle has closed daily above 65000 so we will see a recovery in it now and if once again it starts to close below 64500.
Then this thing will become very dangerous for the market and we will see bitcoin once again hit 60 thousand. I think the market is going to recover from here and go back to 69 again in a couple of days, two or three days, and it's not a time to worry, whenever the market goes down, it's a buy. It's time because we've seen that every time we see this scene before the current wing and then after that the market starts going up and the market stays up for a year and a half to two years.
Source
#Bitcoin Dominance and altcoin season:-
Bitcoin's dominance has increased, so this is a sign that people are once again putting their money into Bitcoin as its ETFs have been approved and so on. Because of this, we have seen his price go from $60,000 to $73,000, and if we see when his dominance starts to come down, and if his price stabilizes at one place,
Then the altcoin season will start and every coin that is there will go up from 500 to 1000 percent, the way we look at the previous history, then the same thing happened, so now when August comes, then the market will have gone higher. Even now, if we compare the price of Bitcoin with Ethereum, the price of Ethereum has not really increased yet because it has ETFs now and when its ETFs are approved, then we will have this.
The price of will also be seen to go up as well as Bitcoin. There are still a few days left and it is not being approved. And we'll see that it's only a matter of time before these interest rates start to drop, so people will bring all their money into online markets like this every time. And then they will continue to reduce the interest rate for about a year.
Source
#Ethereum:-
At this time if we talk about its support, its support is 3150. If the market closes below the candles from here, then once again we can see the Ethereum market going to 3000 dollars. At this point the purchase is made here and we should always keep some dollars for DCA because the market as it is can never perform exactly the way we have analyzed it.
This is what happens when support trading is done so that you don't have to worry too much. The benefit of support trading is that the dollar goes lower but then within a few days we see the dollar go back to where it was. Thing is, if we do futures trading, it is very risky. I have never done futures trading in my life. The market is working exactly like its history, it was going down before the haloing in the market and it is going down again this time,
So don't worry, it will go up again. There is an opportunity for everyone to shop. If I had the dollars then I would invest 50% in it now and then keep 50% if it goes to 3000 then I would buy it again and then when it goes back to 3400 to 3500 I would buy it again. It's better to sell it. We should always take profit from the market. We can't take profit because we get greedy and then later we go into loss.
Source
#Hive:-
This coin has performed very well within the market this time and we saw the price start at 32 cents and go up to 50 cents if the market had not gone down from here it would have cost us 60 cents. It could be seen to be increasing, but now if we talk about its support, 36 and a half cents is a very good support. Last time it rose from here to 49 cents again.
We should also buy it and put a few dollars in. If it closes below 36 cents with its candles, then it will see us go to 34 and a half cents, then we should buy it there. Because the market is not stabilizing anywhere at the moment, it is repeatedly going down and then going up, so there is a greater risk here that if its candles close below, then we will see the prices further down.
This project is very good but it still needs promotion and the team should promote it so that it can be known in the whole world and then the world will work on it and earn good money for their life. It's a fact that when the peer market is down, people stop using platforms and now the way the cycle has turned, we'll see sales again moving towards that platform. People will become egoistic.
Source
#Ronin:-
If you look at the market, this coin has dropped to its lowest value, so it's a happy thing because the project is very strong and now there are many new games coming on top of the project. In the near term, we can see the price going up to about $20 to $50, and if we talk about the support right now, it's $3.50 if it goes down from here.
If it goes, then we will see it going to three dollars, even then we must buy it because its price, if we look at the rest of the market, has not gone down much, so it is very good and beneficial for all of us. Because the market is once again giving us an opportunity to buy and smart people will take advantage of this opportunity.
All of us should buy here and then keep some dollars and then when it comes to three oh 20 then buy again and then from three it will go back to confirm because it went back from here before. And it went up to four and a half dollars so it's a good buying opportunity for all of us and there are smart people out there in that market who take profits and then wait for an entry that could take weeks. There is a strategy to succeed in this market, otherwise we will lose here, the way new people do here.
Source
#Pixel:-
This is a gaming project and a game in which they do farming, so this is their coin and at the moment their daily user is above five lac, so we see a lot of potential in this game and they In the near future, we may see its price going to four to five dollars. At that time, it has once again risen above its support, so we must buy inside it here. This is the reason for its price.
It has come down a bit because a few days ago they have airdrop their users so now they are selling in the market but there is no problem as the market cycle has changed so there are a lot of buyers in the market now. If these prices have gone down for some time, they will go up again. Its support was 60 cents and now it is above 62 cents so we should definitely buy here because it has started to rise above its support so it will give us another chance in a few days.
It will be seen going to 70 to 75 cents. Last time too, if we remember, we saw a lot of increase in gaming coins, so this time too, we will see the same story happening. We just have to wait for some more time. Those who can't be patient in this market will never be successful, they will always lose in this market, so those who have waited two and a half years will have to wait another year. They will get a good return which can change their life if they have invested in a good project.
Source
[The post Thumbnail image is from Gencraft and designed by incollage]
Note-:
(I have shared my experience with all of you, everyone else should invest in their own research)
Who is djbravo?
Djbravo real name is Asad-chughtai and i am from Pakistan. Asad-chughtai is an writter, blogger, crypto trader, and nature lover. My goal is to share these special places and natural sights with all of you.
Read my latest blogs.
@djbravo/my-experiences-of-the-last
@djbravo/rsqmnduuyh
