Are we going to see another red Monday tomorrow? I sure hope so!
The price is very unstable at the moment and looks like it could crash at any second. As I am writing this we are currently below 59k and still dropping.
I hope none of you get liquidated. Stay safe and don't use high leverage or maybe don't even use futures during these uncertain times.
It is the type of market I hate the most. There is not many opportunities in a sideways market other than predicting what it will do when the sideways movement is over.
It would be better for a another crash now to get the market moving again.
Here is what former president Donald Trump said about crypto
Have you heard what he said about Bitcoin recently?
He did not say anything. Don't believe all these fake articles you are reading. There is alot of false information and alot of rumors that are made up.
Looks like it's sideways action till the next big news
After the crash yesterday there was a small chance of a W pattern forming on the 1 hour charts for $BTC
However as we can see on the current chart this did not play out. We are seeing a lot of sideways action right now which is exactly what we saw during the last crash.
News/fud comes outThe market over reactsSideways action till we get more news/fudRepeat
I was not expecting it but it is nice to see! I was watching the market a bit yesterday and didn't expect any big moves but I always wish for a good red candle.
Today will be a great day with lots of volatility in the markets!
As I predicted in my last post we are now hovering around 60k and getting ready for the next run.
I doubt we will be seeing a crash any time soon as there are too many people expecting it to happen. We will most likely stay at this level for a while and then begin the next bull run.
I know alot of you were hoping for a crash and I had alot of people disagreeing with me in my last post but I hope all of you took enough precautions if you shorted and did not lose alot of money.
I no longer believe we will see a huge crash for $BTC soon.
I've been predicting a crash since before halving when we were up at 70k however I no longer believe this will be the case.
What I am currently seeing is alot of people calling for a crash while a few people are taking this opportunity to purchase alot of BTC at a "cheap" price.
I predict we will hover around 50-60k for a few weeks or months and then go into the next bull run.
What are your predictions? How do you think the market will move right after halving?
I predict a dump soon because I noticed alot of signs in the past few weeks. But we could easily see a pump within the next few hours because of excitement.
What do you expect will happen right after halving?
I predict we will see a small increase from people getting excited and then a crash because that's what the market looks like it's been wanting to do for the last few weeks.
I've been warning for a while now that the greed was too high and it will lead to a crash. If it was left unchecked we may have seen a huge crash for $BTC back down to last year's lows.
It looks as though the recent dips have slowed down the greed in the market. This will halt the bull run but it is healthier for the market.
My prediction for the near future is that we will see more small dips and maybe a larger one after halving is over.
The movement of all coins this weekend has been amazing! đ€Ż
I was expecting a dip but this is more than I could have imagined. I was watching the charts all day like it was movie đż
I know alot of people lost money and I did too but there is nothing to worry about as long as you are taking proper risk management. Halving is still happening so you will probably make a profit in the end.
After this dump I am looking at $ADA $PEPE and $ETH and hope to aquire more of these assets at a low price.
What you should expect for $BTC over the next few weeks.
As I predicted in earlier posts the greed index of bitcoin was just too high and a dip was necessary.
Over the next few days BTC should continue dipping however it will not stay down for long. As we get closer to halving we should see the bull run continue and possibly a new all time high.
Hopefully you were not one of the people who went all in at the top and you still have capital to buy the dip. But if you did then just #HODLforLife