The market is in correction, and I think we’ll see declines | NaMu28 on Binance Square

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Bullish

The market is in correction, and I think we’ll see declines for a week. 🔻
It’s wise to have cash on hand to buy back positions. ✅
#MarketDownturn  
#BTC 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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Analysis of the Current BTC Cycle: When Will the Peak Happen and What Will the ATH Be? 📊 Based on the cyclicality and patterns of previous cycles, here’s our forecast: 1️⃣ When will the peak happen? The average peak occurs 469 days after halving. Considering the increasing length of cycles, it’s possible this will happen 570–600 days after halving. 👉 Expected BTC peak: Between summer and November 2025. 🌞🍂 2️⃣ What will the ATH be? Previous growth: 7.48x. For this cycle, it’s logical to expect slower growth, around 1.748x–2.496x. 👉 Forecasted ATH range: $117,000–$167,000. 💸 🎯 Personally, I hold a minimum target of $102,000 (Fibonacci level 1.618), but a range up to $155,000 also seems realistic. 🚀 ❗️ Reminder: This forecast is based on historical data, but many factors can influence the market. Stay vigilant! 🛡️ $BTC

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Good morning, everyone! 🛫 ➡️ **#BTC * — $96,500 ➡️ **#ETH * — $3,590 ✔️ We continue trading in a very narrow range, often referred to as a "spring" that’s about to snap 📥📤. This breakout could go in your favor or against you, so you must be prepared 🛡️. As I’ve mentioned before, there remains a risk of a decline to the $84K–$86K range due to the closure of a weekly imbalance ✍️. ✔️ A correction is not a mandatory step for further growth. However, even if it happens, it’s likely to be short-term and shallow 🛡️✔️. In case of a correction, as I’ve said before, use it to your advantage. Corrections currently provide an excellent opportunity to buy assets on spot markets that interest you or to open long positions 🔼. ✔️ Pay attention to the BTC.D dominance situation. It has already dropped to 58% and is currently trading at 58.29%. Our primary target remains 52% dominance, with the first intermediate support level at 56%–57%. Once this level is breached, there will be no turning back 📉. The market seems calm right now, but exciting moves are just around the corner. For now, all we can do is wait for our plans to materialize 💫. #ThanksgivingBTCMoves $BTC

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As of November 28, 2024, the cryptocurrency market is showing positive momentum. 📈 Key Cryptocurrencies: Bitcoin (#BTC ): The price of Bitcoin is $95,565.02, up by 2.23% from the previous close. 🔼 📊 Intraday fluctuations: Between $92,852.48 and $97,200, indicating high volatility. ⚡ Ethereum (#ETH ): The price of Ethereum is $3,601.01, up by 5.12% in the past 24 hours. 🚀 📊 Intraday fluctuations: Between $3,402.54 and $3,684.83. ⚡ Market Capitalization: Bitcoin: The market capitalization of Bitcoin stands at $1.89 trillion. 💰 Ethereum: The market capitalization of Ethereum has reached $312.92 billion. 🤑 Trading Volume: Bitcoin: Trading volume in the past 24 hours is $1.30 billion. 🔄 Ethereum: Trading volume in the past 24 hours amounts to $661.64 million. 💵 Technical Analysis: Bitcoin (BTC): Current price is $95,565.02, a 2.23% increase over the last 24 hours. 📈 📊 Intraday fluctuations: Between $92,852.48 and $97,200. ⚡ Ethereum (ETH): Current price is $3,601.01, up by 5.12% over the past 24 hours. 🚀 📊 Intraday fluctuations: Between $3,402.54 and $3,684.83. ⚡ Market Trends: Trading Volume: Total trading volume on the cryptocurrency market in the past 24 hours is $2.95 trillion, reflecting high market liquidity. 🌊 Fear and Greed Index: The current index is at 84, signaling extreme greed among investors. 😱📈 Conclusion: The cryptocurrency market is currently at its peak, hitting new all-time highs. 🏔️ However, investors should remain cautious due to high volatility ⚡ and potential risks associated with extreme greed. 🚨 #AltcoinMomentum $ETH $THE

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📉 **#BTC ▫️ **D1** - In the context of reaching a key level, the price is forming a **disbalance** on the sell side D1 [fvg]. This pattern confirms the hypothesis that sellers are ready to sell 🛑. The long trend has been broken 🔴, as we haven’t yet received a reaction at the nearest area 📍. ▫️ **H4** - Within the disbalance, there is a potential trigger 🔑 that could provide volume for selling 📉. Next, I am looking for confirmation on the **H1 TF** 🕐. 📉 **Target**: **85,083** 🔻 #MarketBuyOrHold? $BNB

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Good morning everyone! ↗️ 🔥 **#BTC * — $93,550 🔥 **#ETH * — $3,414 🐳 The market is gradually leveling out for takeoff 🛫. As I mentioned yesterday, the main correction targets have already been met ✅. Only in the case of market manipulation could we see a deeper drop by a few points 📉. But overall, as I've been saying for a whole month: “If there’s a decrease, it will be shallow and short-lived.” 🏷 🐂 The overall situation remains positive 🌞. We need to see sideways movement for BTC, while Bitcoin dominance decreases to the first target — **52%** 📉. Once this target is reached, there will be no turning back 🛫. 👉 For now, I’m still holding 5 long positions that I recommended yesterday, with high targets and the expectation of a quick decrease in dominance 💫. ➡️ **Do not touch the main spot portfolio**! If you want to trade, allocate a separate budget for spot or futures trading 📊. ➡️ The main spot portfolio is like a hen that will soon lay a golden egg 🥚. ➡️ We are waiting for our plans to unfold, and we’ll see altcoins soaring into the stratosphere!

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