Predicting the $BTC bottom isn’t that important! Many will try to guess where the bottom is, many will fail, many will get lucky, but that’s not the point.
Understanding the fundamentals and the opportunities creates wealth.
Curent suport is 57K, we are hovering around 58K which also concludes with the MA 200 on the daily chart ( Green Line). Below that level could be a problem. Now chill and let the market heal!😎
We are currently trading below the 66k support level which has been holding strong over the past few months. Additionally, we are trading below the MA50 (yellow line) on the daily chart and finding support near the MA100 (pink line).
What to expect in the upcoming days:
We are likely to test the MA100 level and may even drop below it, but I firmly believe it does not make sense to go lower than 64k at this point.
Our major supports are just below 60k, alongside the MA200.
If we manage to close this week above 66k, I am confident that we won't revisit the 60k support level anytime soon.
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$HIGH Looks like a proper shitcoin right now. Can it recover? I was asked. Yes and no. It all depends on whether this project delivers something useful to the market. Probably many got caught up in this project.
🚨Trump wants to mine the rest of the $BTC in the States. According to his latest tweet, the former president expresses his interest in mining Bitcoin, in the USA. He says that this will help USA, be the world’s largest Energy dominant country in the world! #IOprediction #Binance200M #TopCoinsJune2024 #ETHETFsApproved #FIT21
How much do you think IO will reach after the launch? My best guess is around 4-5$/coin. I’m curious if your predictions. #IOprediction #Binance200M #TopCoinsJune2024 #ETHETFsApproved #FIT21