BITCOIN IS LOOKING BULLISH

Binance which is the world's largest crypto exchange will suspend dollar transfers. This Us dollar transfer will be paused on Monday but they didn't provide any reason for the decision. It is important to note that this only implies to Binance International, Binance US is not affected by this suspension. They also claim that this is only temporary and it is just a few of their user is imparted. Assuming it was last year in November or December we are hearing this news, Bitcoin would probably dip 20% because many people would think it is due to solvency. Bitcoin is looking bullish and it is getting very close to breaking above the macro downtrend.

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Historically, the months before the macro downtrend breakout tend to be slow and if history repeats, there is a probability that this month will not be very good for Bitcoin but next month could be very exciting as the macro downtrend would be tested. Next month could be a macro downtrend month because those patterns tend to reflect on the chart. Bitcoin is getting adopted and this is great to see because over 600k small address FOMO into Bitcoin at $20k. This is good because small people get the chance to buy Bitcoin at $20k. I also like that the Bitcoin network is getting distributed especially with Bitcoin.

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The AAVE CEO said the new security upgrades Silo the risk away and their last update is also letting the Ethereum stakers double their stake against the Ethereum Shanghai upgrade. This is a big deal for AAVE, a big deal for Defi, and a big deal for crypto and whether you are interested or not, this space is evolving and getting secure upgrading. Whatever happens in the crypto market, you should know that the near market does not last forever. So it is important to take action and to make the most of it while it last. You might want to look into growth opportunities, and things you think might do well next bull market. Maybe allocate a small percentage of your portfolio to this riskier asset. You have to have enough cash for the long term, enough cash that could last through the bear market.