Bitcoin (BTC) $83,728.44 price He did not start the new week with a big decline and could not get back the $ 86,000 lock area. We enter the key week. There is both a FED meeting and we are in a period where possible trade agreements with the US should ripen because we are approaching April 2. Volatility will be too much.
Destructive period in crypto currencies
Bitcoin Weakness in the price strengthens the likelihood of a new wave of decrease in subcoins. Today, the same mysterious whale has again opened high -leverage BTC and ETH exposure sales positions. The fact that the liquidation price for BTC is around 86 thousand dollars worries investors (because of the self -confidence of the whale). There are even those who say that he is an inside, even Trump’s son.
Daan Crypto Trades drew attention to the point where crypto currencies should be protected to stay away from the destructive period by sharing the total market value graph.
On a single screen instant prices, important data, news, latest developments, comments and discussions at Chat! Come right away from your eyes!
“Green zone, total Crypto It is a compulsory region that must be kept for market value.
Anything lower and sends it directly to the range of 2024, which is not good. The price movement was very related to stocks, so take a look at what will happen next week with FOMC. ”
The future of crypto coins
Poppe in crypto coins Someone trying to see the full side of the glass as much as possible. On the way to the Fed week, he still looks to the future with hope in the environment where high leverage delegation positions are opened.
“There was no surprising decline on Sunday. A major macro-economic week is approaching for markets.
# Monday #AltcoinI assume that if there is no other decrease for the s, the next week will be strong and green. ”- Michael Poppe
And yes Michael Saylor is preparing for the purchase of 250 thousand BTC. Strategy (formerly Microstrategy), the founding partner of Michael Saylor, plans to export a privileged stock up to $ 21 billion to continue Bitcoin purchases. They will have a 8 percent return rate and can be converted into class A -ordinary stocks.
As Strategy grows, more interest brings more cash to create more cash. Considering that approximately 450 Bitcoin is produced daily, a purchase of 250,000 Bitcoin will meet the new supply of about 555 days. Considering the maximum supply of 21 million and gigantic idle BTCs, it is not exaggerated that we move towards the shortage of supply.
$ 21 billion BTC The export calendar for the purchase has not yet become clear. It is possible for this to continue for a long time depending on the market interest.
While there was intense interest during the election period, it lasted six days of export of $ 3 billion and was completed between 15-21 November. However, in February 2024, the bond export of $ 500 million lasted for 7 days. Here, the completion of exports in a very short time ($ 21 billion) will reflect the confidence in the markets as it will be as effective as purchase.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
