#BTC metrics and exit capitulation for this rally?
Check my short thread 🧵
5/5
1/5: #Bitcoin metrics are showing signs of exit capitulation. What does this mean for the future of $BTC?
2/5: According to on-chain data, the number of #Bitcoin holders with large amounts of $BTC has been decreasing.
3/5: This could indicate that those who have held $BTC for a long time are beginning to sell off their holdings and rebalance portfolio, or just locking good profits. ❇️
4/5: However, it's important to note that this could also be a temporary trend and not necessarily a sign of a long-term #bearmarket.
But still, in my opinion we didn’t saw a good bottom and that capitulation blood 🩸 on the “blockchain streets”.
5/5: Stay informed and keep an eye on the latest #BTC metrics for a better understanding of the current market conditions. #cryptocurrency#blockchain
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And if you trade; don’t forget that volatility is not a risk; but an opportunity to gain profits! 💪
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That was quick! @OpenAI has reportedly started rolling out a premium version of its viral #AI chathot #ChatGPT 😳
Is still available as free; but for $42/month you will get expanded capabilities like less finicky availability, faster response speeds & priority access.
🧵👇
This was only a matter of time since according to estimates, #OpenAI could be spending over $100.000 every day just to run the Artificial Intelligence #chatbot. That’s more than $3 million every month 🤯
2/5
Now, while for some $42/month could sound expensive, it’s actually a steal. Especially when you consider all the value it provides.
The crazy part? This will be a money printing machine for OpenAI 💸
3/5
According to recent technical analysis, #Bitcoin is on the verge of a new "big rally" as its #RSI (Relative Strength Index) is currently mirroring the recovery patterns seen during the 2018 #bearmarket.
1/
This is a positive indicator for those looking to invest in #BTC, as it suggests that the cryptocurrency is on track for significant price gains in the near future.
☝️Top 10 Rules every Beginner Trader MUST Know (as me). // thread of 10/
1/ Fear of Missing out 😱
Do not #FOMO! You will always have another opportunity with safer entry & good risk reward. Just be patient to wait for the price to come at you!
2/ Do an analysis & stick to it 🧐
After you analysed the market and entered the position, you may start changing the analysis, so that you will fool yourself. Stick to your initial plan #TA
3/ Never Revenge a Trade 😤
If you having series of losses, you better get off the market for some time, rather than start revenge #trading in order to get instant profits, as you might loss even more!