The BULL (Pro Analysis experience)
Contact us @TanitHannibal We ProAnalysis, we aim to provide a conducive learning environment so you can learn and make profit .Not financial Advise .We are not responsible for any of your bad trades.
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In Q2 2024, venture capitalists invested $3.194bn (+28% QoQ) into crypto and blockchain-focused companies across 577 deals (-4% QoQ)
This is what I'm thinking rn
https://www.tradingview.com/x/DB4I3X60/
BINANCE:BTCUSDT Chart Image by TheBull_Crypto
Market is bouncing but trading volume may not be enough on their own to reveal changes in a trend. Overall volumes have been declining for some time and the prevailing thinking is that volume is down because there is more risk.
The market is currently very volatile on both sides I recommend to be patient. I expected your calm before taking more positions. Late-Summer/ Early-Autumn will likely see a reversal.
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Bitcoin prices are hovering very close to the average cost of production for Bitcoin miners
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The share of stablecoins vs fiat market share of volume just hit its highest level since 2020. Currently, 84% of crypto trade volume involves stablecoins, while fiat accounts for only 16%
Summer boring is repeat itself
https://www.tradingview.com/x/M9TfjJ5Y/
BINANCE:BTCUSDT Chart Image by TheBull_Crypto
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Currently, the BTC weekend trading volume stands at an all-time low of 16% in 2024, marking a 12 percentage point decrease from its peak of 28% in 2019
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