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#What price tag do you think BTC will touch in this bull circle?#📆 Flash News 11/03/2024
1️⃣Gate.io data shows BTC briefly dipped below $68,000 before rebounding, with the current price at $68,234; ETH is priced at $3832; GT has surged 9% in 24H, currently quoted at $5.86.
2️⃣$ARB, $APT, and $APE are set to undergo a one-time large-scale unlock this week, releasing a total value of $2.63B.
3️⃣Bitcoin ETFs' total assets under management surpass $55B, with the top three Bitcoin ETFs being GBTC, IBIT, and FBTC.
4️⃣DefiLlama data reveals a 2.2% weekly growth in the total market cap of stablecoins, with USDT issuance exceeding $100B.
5️⃣Dune data indicates that Ordinals' cumulative revenue from inscription fees has surpassed $430M, with the total inscription of Ordinals exceeding 62M tokens. STOP INVESTING & UNDERSTAND the Psychology of the Crypto Market!!!
Bitcoin hitting almost $70k right now and the next halving is just 40 days away! 🌙
Experts predict a new bull run peaking in late 2025 - That is 12-18 months from the Halving in April 2024.💰
I hate to state this but many are still going to MESS this up.🤷 For real!
Let's break down the psychological phases:
🚀 PHASE 1 - Accumulation 💰
During this phase, crypto Whales and OGs will have bought or be buying at discounted rates, new projects emerge, but skepticism lingers. To be clear, this was more like last year when $BTC was down to $15,000 and there was blood on the streets.
📈 PHASE 2 - Momentum 📈
Here, as we are currently witnessing, prices climb, excitement builds, HODLers rejoice, FOMO kicks in, and altcoins surge.😍👻💵
🚀 PHASE 3 - Euphoria/Excess 🚀
Greed takes over, prices soar daily, mainstream attention, bizarre market behavior, scams alert! For the Noobs, when ever the Bitcoin Fear and Greed Index makes a reading of 90, begin to manage your crypto position. Be SMART or you wont see👀 the crash coming.
⤵️ PHASE 4 - Massive Crash/Long Reeeeed candles😭😭 ⤵️
Here, you will witness a massive downtrend. Prices crash, panic selling, media negativity, Whales and new investors exit, veterans buy the dip. Noobies are left holding the 💰 for another two-three years -- the worst position to be in. DON'T DO THAT!
Tips for Success:
✅ Invest wisely and patiently.
✅ Dollar-cost average.
✅ Take profits on the way up.
✅ Diversify and avoid overexposure.
✅ Be cautious of hype and scams.
✅ Watch for market sentiment changes.
✅ Hedge positions strategically.
✅ Keep cash reserves for opportunities.
The next months will bring excitement, risks, and rewards. Navigate wisely, and you could be on your way to life-changing wealth in this crypto revolution! 🌐💸
Small cap Gems are also recommended.... shall i post some?
#BTC #ETH #SHIB
#BullRun #Bitcoin
$BTC Back in 2017, the cryptocurrency landscape in Bosnia and Herzegovina was like the Wild West - untamed and largely unexplored. As a tech enthusiast, I was captivated by the potential of digital currencies, but the journey to acquire my first Bitcoin was fraught with challenges.
The concept of cryptocurrencies was still alien to most, and there were no local exchanges or services that facilitated an easy transaction. I had to navigate through a maze of foreign platforms, grappling with language barriers and complex verification processes. The lack of trust and understanding among the general populace meant that peer-to-peer transactions were a gamble - finding someone willing to sell and at a fair rate was akin to striking gold.
Despite these hurdles, my determination didn't waver. I spent countless hours researching, joining online forums, and connecting with like-minded individuals who shared my vision for a decentralized financial future. Finally, after much effort, I managed to purchase my first fraction of Bitcoin.
That experience taught me resilience and the importance of staying ahead of the curve in a rapidly evolving digital world. It's a story I look back on with pride, as it marks the beginning of my journey into the realm of cryptocurrency - a journey that continues to this day.
#HotTopicDiscussion##GateioBountyCreator##BTC# 
