BTC Price Alert!!!
Another redish day come, due to parallel price patterns. BTC moves in between 57k-58k, as i have mentioned in my previous post if btc reject this price and goes down to 58200 then it give us some bearish signals, now you can see that it trying to cross over 58200 but pull back again and again so this strong bearish movement. If it didn't break 60k zone permanently then we will witness again to see btc at 17k-20k.
Major cause is that telegram launch new projects and these projects have lot of market value because we will claim these coins free of cost and when any exchange launch these coins all traders have lot of money and they never buy new USDT from p2p or any other way, they just hold these coins and see worth of these coins. All telegram coins goes very well in starting but after few days they lost their value and mostly people just wait for recovery of these coins, i.e TON, Dogs.
So when we see 15min, 1h, 1day chart we have seen some bullish signals but 4h chart shows some little bit brearish signals, BTC have lost intrest of mostly traders. But we all know that all coins depends on Bitcoin, if bitcoin have lack of intrest and lost their value then all coins have lost their value.
So this time do you own research and then invest.
I think at the moment BNB again hit 620+ because mostly traders hold BNB and stake for new telegram project "Hamster". We can profitable trade with BNB or some little bit profit from XRP.
#BinanceLaunchpoolHMSTR #FTXSolanaRedemption #GrayscaleXRPTrust #DOGSONBINANCE #XRPVictory $BTC
