Now we are at a critical point what do you think will btc go down or go up?

always use stop loss, and you should be cautious about purchasing altcoins until Bitcoin undergoes a correction. If Bitcoin reaches its all-time high this year, the end of the bull run is likely to occur by the end of the year. However, Bitcoin is expected to correct before it rallies to a new all-time high. This significant rally might not happen until the second quarter of 2025. $BTC $ETH $WIF

🚀 Did you know IO Coin could reach $15 if its market cap hits $1.5 billion? With a circulating supply of 90 million coins, it’s poised for significant growth. IO Coin is currently at a market cap of $600 million and has shown performance similar to ENA Coin. Don’t miss out on this potential rise #bitcoin $IO #ena #altsesaon

bitcoin is still bullish

How Bitcoin's Price Drop Affects Altcoins.

When Bitcoin ($BTC) falls by 3%, other cryptocurrencies like $ENA , $WIF , and $NOT often drop by 10-12%. This is because Bitcoin, as the market leader, influences investor sentiment and market trends. Lower liquidity and higher volatility in altcoins amplify their price changes. Understanding Bitcoin's impact on the broader market can help investors manage risks and make informed decisions. Stay vigilant and consider Bitcoin's movements when trading altcoins.

The chart shows a bullish trend for Bitcoin (BTC) with higher lows and a potential bullish flag pattern. The 9-period SMA at 64,500 acts as support. The RSI at 56.02 is neutral, allowing for further upward movement. For a buy action, consider entering if the price breaks and closes above 68,000. Watch for support at 64,500 to buy if the price shows strength there. Use proper risk management strategies.

The price of ENA has risen to $0.744 with a 24-hour trading volume of 134 million, indicating strong market activity. The recent price increase suggests short-term bullish momentum, with immediate resistance at $0.80. If the price breaks above $0.80 with sustained volume, it could signal a trend reversal, potentially targeting $1.00. However, if the price fails to break $0.80 and reverses, it may retest the support around $0.65 - $0.70. Traders should consider entering long positions above $0.80 and short positions if resistance holds, while monitoring volume and market conditions. #ENAUSDT🚨 #btc #meme_coin

May Retest: There's a possibility of a May retest, where the price dips to test previous support levels. Analysts suggest this could bring the price down to around $56,000.

Post-High Pullback: Following March's all-time high, April saw a pullback, settling slightly above $60,000 [May 2024 Crypto Market Forecast].

Based on this, the price of Bitcoin at the end of May 2024 could be somewhere between $56,000 and $60,000. DYOR $BTC $ETH

Hey, just a quick tip that might come in handy: we're all hyped for the party to kick off because we know Saga Coin is gonna be launched. One thing to watch out for is checking the order book. If you see lots of coins being bought, like thousands, it's a good sign to jump in! 🚀 But if there are only a few hundred being traded, don't even think about starting. #saga

Hey, quick heads up: if you spot crypto prices shooting up like crazy, don't jump in and buy! That kind of parabolic movement usually ends in a crash, and you'll be left with empty pockets. Trust me, it's not worth the risk! $ENA