Hi inleo friends.
#Bitcoin-:
A very interesting thing has come out in the market today. We were seeing that the market was trading between 44000 and 42000 for a long time and just two days ago the market broke its resistance of 44000.
And then it has gone up to 46 thousand, so people were thinking that now it will go above 50 thousand because there were many chances of ETF approval in the next few days, but I also mentioned this in my last video in my last post. I told you that it will not happen at all, as we all are shown, it has happened again, even after the daily closing, Bitcoin is down by 5 thousand dollars due to the news that now.
ETFs that are not getting approved, it's a fact that ETFs can never be approved above that date because people will open so many long positions that it will be difficult for the exchanges to handle it. That's why I told this a long time ago that ETFs will be approved when people don't know anything at all and they will be approved suddenly and after that the prices will definitely go up.
Secondly, there is a very significant difference between the market a year ago and the market today, which is very important for all of us who work in this market and for a long time to know.
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ETF-:
A year ago the market was in its bear cycle, going up, going back down, going down a lot and not going back up, going down for a long time, and now We all have to accept that the cycle has changed and the market has entered its bull run at this time and no matter how many times it will bring the market down the way it has, it is up to all of us.
So there will be a buying opportunity as long as the market is standing above 39800 then there is nothing to worry about when it comes down then we all should buy and in the last few times.
We have seen that the price of Bitcoin was stagnant and Dominance was coming down so it was a very good thing for the market other coins that were there were starting to go up but again when the market went to 46k Dominance has increased.
People who have been working in the market for a long time will know all these things that every time it is done in the same way and fear is spread in the market so that people don't buy and this time it is the same. The way it happened is that people were waiting for 8 thousand and the market has been brought to 46 thousand and it is a fact that people who think like this can never buy again in this market. Neither can make a profit.
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#Ethereum-:
Now we will talk about the second coin of market which is second in the whole world, so currently people are trusting only these two coins and all their money is in these two coins. are putting in and their own ETFs are going to be approved within the time frame,
So it is a fact that the big companies that happen to put money in the same good coins so that they don't lose because they are all Money belongs to people and here if we talk about its price then it is standing in very good position and went above 2450 and also closing its candles for few days.
If it had stayed like this we could have seen it go to 2700 but the way the market has gone down everything has gone down and this is a very good opportunity for all of us to buy at this time.
Because we have seen that it has always followed bitcoin, bitcoin has started to go up again and it has gone above 42000 and it is also going up again so wise people have bought so far. It will be taken.
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#Hive-:
Here now we will talk about the coin of this platform, it has also performed very well in the last few days and it was about to make its breakout, but now the market has gone down again, so it Above the old support is above 33 cents and from there it will start going up again and all the people who had orders placed here, especially within the support trading,
All those orders have failed and here The reason may be because all these people's prayers have been accepted, but there are wise people who take advantage of it all the time and if someone has bought it above, it is DCA with those people.
It's a great time to do A so that the price to buy them will go down and we'll see when it starts to close its daily candles above 39 and then it's going from easily to us going to 50 cents. And all these things we see happening within a short period of time.
If this bitcoin had not gone down, we would have seen very special things in it and its position was very strong and the coming ones. Within a couple of days it should have gone up but no worries, this is also an opportunity for those who wanted to buy it a little lower.
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#Axs #Ron-:
When I posted about both of them nine days ago, I told you that it's time to buy them right now, so if we talk about Ron, it's about 50 cents inside. has increased and it is a lot of money if a person had invested money at this time if someone had read my post and put money into them then they would be in a good profit here and a person would always be in the market.
Should keep taking profit from and if we are investing for long term also we should have shirt dollars to do DCA only then we will be able to make profit from this market and other coin which was AXS Which is the Axie Infinity coin.
I also told you about it that it has moved into a very good position and we've seen it go from about $6 to $11 over the last few days. above and I told all of you about it, if you had bought then you would have been in a good profit.
Even at this time if a person wants to put money then they have to invest in Ron because within the next time it is going to be launched on Binance and this is what we all can see within the last month. All the coins that have been launched here have given huge profits and the good thing is that the team up of this project is doing very well and it is getting popular all over the world and once again their the monthly active user has crossed one million.
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#Bitcoin #Dominance:-
Here now we will talk about something special which we call Bitcoin Dominance and we saw that it was going down continuously last month but a few days ago when the market went up it went up again. has started to go and if we look here, which is a strong zone at 51, we won't see it go down until it breaks and the candles close below it.
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