Crypto analyst and trader VirtualBacon has recently attracted attention with his valuable views on market fluctuations. In particular, he emphasizes the importance of remaining calm and taking strategic steps in asset accumulation, as geopolitical tensions increase.
VirtualBacon states that the recent decline in the market is not only related to the Bitcoin halving. At the same time, it emphasizes its relevance to broader global issues. This decline may be alarming, but it suggests caution against overreactions.
Based on history, he suggests that it is necessary to take a steady and strategic approach to purchasing assets. He notes that instead of rushing, it is important to carefully evaluate opportunities in Bitcoin and promising altcoins.
Despite the ups and downs in the market, VirtualBacon also underlined that it remains optimistic about Bitcoin’s durability. He states that he sees echoes of past market events, with Bitcoin holding steady above $60,000. However, it is important not to panic and take a strategic approach, especially around Bitcoin’s key support levels.
VirtualBacon expands the horizons, focusing on altcoins and looking for valuable opportunities in the complex environment of the market. He views Ethereum’s recent decline near the 200-day Exponential Moving Average (EMA) as a buying opportunity and sees potential in altcoins like Solana.
When it comes to Artificial Intelligence, VirtualBacon identifies projects with great potential. Coins such as Fluence, NetmindAi, GamerCoin and virtuals_io attract attention with their solid technologies and strategic partnerships.
When it comes to the gaming industry, VirtualBacon states that there are various developments ranging from new games to game infrastructure projects. Projects such as ApeironNFT, QORPOworld, SuperVerseDAO and WilderWorld offer investors the opportunity to enter the blockchain-powered gaming revolution.
In the blockchain space, VirtualBacon sees promise in projects delving into new areas such as artificial intelligence and decentralized computing. Projects such as NEAR Protocol, AR, TIA, Sei and Fantom Sonic present exciting investment opportunities.
As for meme coins, VirtualBacon sees strategic potential, but emphasizes the need to be careful and strategic in this volatile market. Coins such as Puff_drgn, Toshi_base, FoxyLinea and theFantomgoat are gaining some attention, but remind you to be careful when navigating this space.
Ultimately, VirtualBacon emphasizes the importance of strategic moves, empowering investors to weather the storm and capture emerging trends with confidence.
