The theory of buying and holding in the short and medium term because the price will recover even after declines, will fade away when the Bear market arrives, this is about cycles and currently it remains in a bull market but in a few months it will get complicated #Criptomonedas #BTC
Giukianox007
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Reply to @Satoshi Traders
Ya no existe más eso de análisis amigo el mercado es compra y gana. Ya no existe eso del análisis. Compr y gana fin.
they said the same thing in 2022/23. gold had also reached an all-time high and all the idiots saying that bitcoin would not rise again when it was at 30k
Baccara
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🔴 A few minutes ago, gold reached its ATH of 3 thousand US dollars, signaling that a recession is coming. Buckle up.
The decline of the US stock market was the first indicator. $BTC breaks the resistance of 34K and 35K, but... China, Russia, and India are changing their store of value.
➡️ Why did gold reach an ATH (All-Time High)?
🔴 Safe haven amid uncertainty: Gold rises when there is fear of recessions, persistent inflation, or geopolitical crises (e.g.: China-US tensions, war in Ukraine).
🔴 Unsustainable public debt: The US has a debt of USD 34.6 trillion, and investors are seeking "safe" assets amid the risk of default or credit downgrades.
🔴 Strategic dedollarization: Countries like China, Russia, and India are accumulating gold to reduce their dependence on the dollar (58% of Russia's reserves are already in gold)
So if you're waiting for a new Bullrun of $BTC , it is very unlikely.
Top countries with the largest gold reserves according to the Gold World Council.
$BTC Finally touches the 200 moving average (EMA) on the daily chart and has an instant bounce. This is a very bullish signal at least in the short term. In my opinion, $BTC will close the month at a price of around 91K. 🙏 let's get on that Long with the RSI well down 🔥 It will seek the liquidity of the leveraged shorts from 97 thousand 🥴
while 90% of the market was in fomo buying at 65k we were talking about corrections to enter purchases 🤑🙌 Comment if you would like to follow these free signals! #israel #guerra #BinanceTurns7 #bitcoin #trading
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