#BITCOIN ( UPDATE )

Bitcoin price fell to $53,300 after bearish breakout channel. Bearish RSI in 1day chart also play out here.
52k is big support where bulls can take control..

Nothing Bad In global Markets .

in 1 hr chart BTC also showing bullish RSI Divergence..

Bitcoin is Now trading at $56k and next big resistance to watch out is $58k

If Bitcoin starts consolidating between $52k to $58k
It will be very bullish for #Altcoins as we saw today when Bitcoin was dumping most Alts were flying .

#ALTSEASON is coming and it will be biggest one in crypto history 🚀 🔥

😱😱😱

In every industry, there is a special language to make communication easy and efficient. Those abbreviations have a great impact on the industry, lets understand what they are.

List of abbreviations commonly used in cryptocurrency trading.

#Altcoins: Alternate cryptocurrency that is any cryptocurrency other than bitcoin
#Bag Holder = A person who buys and hold coins in large quantity hoping to make good profits in the future.
#Bear/Bearish = Negative price movement
#BTFD = Buy The Fucking Dip
#Bull/Bullish= Positive price movement
#DILDO = Long green or red candles
#Dump = To Sell off a coin
#DYOR = Do Your Own Research
#FA = Fundamental Analysis
#FOMO = Fear Of Missing Out
#FUD = Fear Uncertainty & Doubt
#HODL = Hold/Hold a position
#Long: Margin bull position
#MCAP = Market Capitalization
#Moon = Continuous upward movement of price
#OTC = Over The Counter
#Pump: Upward price movement
#Shitcoin = A coin with no potential value or use
#Short = Margin bear position
#TA: Technical Analysis
#REKT: When you have a bad loss
#Whale = Very Wealthy trader/Market mover.
#Weak Hand = a coin holder prone to selling at the first sign of a deep in price.
#bitcoin #cryptocurrency

Buy low, sell high.

#Altcoins #Crypto

#Bitcoin    will make millionaires.

#Altcoins will make billionaires.