Success is the name of hardwork, patience and struggle. Don't think about yourself, always think about others.
On moon 馃寵
Bitcoin is trading in green but selling pressure is still high which is not letting it go above $57k. There is no doubt that it is recovered a bit in price from the downfall but the fear is still there because it can go further low causing panic among the investors. The chances of it going up are still there but we cant predict 100% its direction, either it will go up or down.
Crypto market is bleeding once again as Bitcoin loses support at $58k and falls to $55k this morning. Altcoins immediately reacted to the Bitcoin price drop and fell from 5 to 10%. Altcoins always looks to be ready to say yes to the Bitcoin call. Bitcoin price declines, Altcoin prices declines and Vice versa.
If you are into cryptocurrency i am sure that you already heard this famous saying " Not your keys ,not your coins". The purpose of the phrase is to urge crypto users to keep funds in decentralized wallets holding keys in the hands of the user itself. In other words crypto users should not keep funds on the centralized exchanges.
Bitcoin price observed an increase of more than 5% in a single day exactly five days ago which had pushed its price back to $65k. The come back to $65k was showing the market did set well for the Bull market but that didnt happen unfortunately as Bitcoin price fell below $60k hitting a low of $57900 on Wednesday evening.
TON Blockchain is community driven network which allows fast and cheaper transactions. It supports a number of decentralized applications (dapps) It is the fastest growing ecosystem of dapps which has onboarded millions of users in help with the telegram app which is a messaging application popular widely all over the world.
Bitcoin is looking bullish as it has broken the long time resistance at $60k. It has successfully left the danger zone after a lot of struggle breaking the mentioned resistance level which is $60k. It was believed not from me but from many top crypto experts that Bitcoin needs to break 60k and stay above it to move upward , which Bitcoin did gracefully.