Market Cap HBAR, $ forum
BTCUSDT BTC traders don't forget to add 
HBAR to your list. HBAR just announced partnership with Intel and AMD.x.com/verydogelover/status/1869442799587950977
HBAR is a strong buy as the correction is over my expactations will be at 0.36 by december 24th
XYOUSD Tommy123456789 is right! HBAR is going to sky rocket!
BTCUSD *MARKET UPDATE:*
In the past couple of days, the crypto market has seen a gentle recovery from the significant 15% dip between 2nd to 5th July, reaching a local bottom of 53k. Of course, this has led to a major capitulation in altcoin prices, ranging from 20-60%.
Why did the market tank?
The two major factors;
1. The Mt Gox BTC settlement - The defunct CEX, Mt Gox hacked of 10 years ago is finally settling creditors with over 47k BTC amounting to $9 billion. Fear is that at least half that amount will be unloaded directly into the market, creating sell pressure.
2. Germany selling off its seized BTC - A sizable portion of the seized bitcoin of about 50k from movie piracy site "movie2k" was sold in the open market, tanking prices.
However, the market pumped hard when in a strange pivot, the German govt bought back BTC at lower prices, pushing prices back up to 58k, after which there was a pullback to the 54k range - manipulation if you ask me!
These moves in the last few days saw longs and shorts with tight stop losses get liquidated, which the BTCUSDT chart formed a double bottom - which usually is a bullish indicator.
To confirm the bullish momentum, I would like to see BTC conquer the local resistance to close above $59,200 on the daily time frame. If this happens and the bulls regain confidence, the next major resistances will be between $63,400β64,900, which could potentially break us out of the consolidation phase that could lead to a parabolic run for BTC and altcoins. This is ultimately what I want to see, but the market will do what it'll do.π€·πΎββοΈ
I'm still holding multiple positions (
WIF, 
NOT, 
TIA & HBAR) I entered into before BTC's 15% dip, so I'm very far from enthusiastic at the moment. I have DCA-ed on some of my positions, but my break even is still ways up since I was too headstrong to use a stop loss (apparently, a lesson I'm yet to learn!π). I'm considering entering some new positions with a different futures account, but that'll only happen if I see the breakout for BTC that I hope for. For now, I will just be sitting on my hands and watching from the sidelines. Something tells me to drop my conservative trading approach this season - it is what has kept me solvent over the years, but also what has kept my portfolio growth somewhat stunted.
Should I follow my intuition going forward? We'll see. π€πΎ
GM cryptobuddies!!!
HBAR is connected
HBAR Thank you blackrock