Hi Hive friends.
#Bitcoin -:
Today is very good news for the crypto market and for the holders as the market has touched 57K after two years and its first resistance was 54K and it has broken it and now it the next resistance is at 57 so it is very happy for those who have believed in this industry and have managed their holdings.
So at this time the market is pumping a lot, so this is the thing that if you want to make profit in this industry, you will have to be patient only then you will be able to get profit from here. I always share with people and like I mentioned some coins in my previous post, you can go up and see how much they have gone up.
This time we may see something happen that has never happened before in history, this time gives more chances that Bitcoin will break its all-time high before its current wing and then some. There will be a correction and then it will come back to its new all-time high and this time there are more chances that it may cross $100,000 to $150,000.
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Because this time its ETFs are approved and big. Companies are investing in it on a daily basis so it is a proof of the same that its all time high will be above one hundred thousand dollars. Just like history goes before, people tend to panic which causes them to suffer huge losses and that's exactly what happened this time too.
If we get stuck then we should do DCA and keep on doing DCA until the bill market is down then only then we can save our money and at that time the market will fluctuate a lot so that is better.
That the futures trade should not be placed now and that the amount of buying done inside the support is now time to hold it is going to be very profitable within the next six months to a year.
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#Altseason and Bitcoin Dominance-:
At this time all people are asking one question here that what is pump is only within bitcoin and within ethereum so let me tell them here together that if we look at the past history, this is exactly what happened. First these two coins go up and then Bitcoin which is stable and then people who are there start putting their money in the lower coins then things are going exactly like this.
Never in history has there been a bitcoin season and an altcoin season, it just takes a little patience and bitcoin has regained its dominance once again due to Within a day we have seen a $7,000 pump in its price, so it's not a small pump that has caused people to pull money out of altcoins and into bitcoin, causing prices to fall.
We have seen a decrease but some time when bitcoin will stabilize and if you remember last time also bitcoin dominance which is 70 to 40 will be same this time too.
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#Ethreum -:
At the moment Ethereum is very strong in the market and now we will see that if it breaks this resistance then we will see its price going to 48 hundred and this time its bull market. The target is to go from 8 to 10 thousand and it will go because it is the number two currency in the world, its number is second in the world and people have a lot of faith in it and its owner who is he is also a very sensible person,
He has changed the trust of people into a belief and similarly if we talk about the previous history, when the pull market came in 2021, the price of ethereum went down due to corona. There was one above $33 and then when the bull market started, it went up to around $48. Pumping will be seen this time due to ETFs prices will pump more so holders should always hold and reap their profits in good time.
We should never trade different from the market sentiments if the market is bullish then we should also watch the prices rise and never open a short position otherwise we will be liquidated. Profit taking is also very important in the market, those who bought Ethereum at $800 should have pulled out their investment to avoid problems later.
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#Ronin-:
This is the coin of axie Infinity and on top of it they have built their own blockchain and now they are bringing their users on top of this blockchain so in the bull market of 2021 we will remember that their coins have a lot of value.
If it performed well then again this time we will see that this Ronan coin of theirs is going to give us 10 to 20x and if we talk about the last one year it will be around 40 cents to three dollars. Yes, even then I made posts about it and said that it will definitely increase in price but people don't believe and I also told my friends to invest in this coin and they didn't either.
And now they are also worried that if they had invested money, then life is just the name of risk and if we don't take risks, we will never be successful.
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#Hive-:
The progress of the coin of the platform on which we work is very slow, but it is not a problem at all. If it went up then it will be exactly the same this time as well right now money is not yet in altcoins, that's why we don't see their prices pumping, as soon as Bitcoin's dominance comes down,
All investors will start pouring money into such coins, so the price will go down. If it breaks its 38 cents then it will see us above 50 cents.
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#Pixel-:
Pixel is a coin from axie infinity they have a game launch on their blockchain and we can see its price a few days ago it just launched on binance so here I am after that I will share my knowledge with people now that within the upcoming bull market.
And altcoin season this coin can also give us 10x from here because its team is so strong and they have so much After working hard to get your coin launched on Binance, now is a good time to invest in it.
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Note-:
(I have shared my experience with all of you, everyone else should invest in their own research)
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