$ADA This week may present the final chance to acquire ADA | Crypto-Fundamentalist on Binance Square

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Crypto-Fundamentalist

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Bullish

$ADA This week may present the final chance to acquire ADA for under $0.5. Both fundamental and technical analyses indicate a potential for significant appreciation.
I'm just saying. DYOR. DYOR. DYOR.

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

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$BOND If you're buying now because you are following some telegram channels and they asked you to buy this token, you're probably being scammed. I really hope I'm wrong about this, and DYOR. Good luck.

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$BTC Technical indicators suggest a potential for a deeper price decline despite the strong support at $60,000. The monthly candle is nearing its close and is on track to finish bearish (red). On the weekly timeframe (1W TF), this marks the third instance where the price has successfully breached the previous $60,000 resistance level, turning it into support. However, it's important to note that out of the past nine weeks above this new support, the price has challenged it four times but failed to break below. While the $60,000 support remains resilient, a decisive break could see a retest of the $50,000 zone. This coincides with the 38.2 Fibonacci retracement level and potentially aligns with Wave 2 of the Elliott Wave pattern. However, there's also a bullish scenario. If the price finds support at the $50,000 level (38.2 Fibonacci retracement) and that level becomes the starting point of wave 3 in the Elliott Wave pattern, we could potentially see a swing high exceeding $70,000.

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$BTC Bitcoin (BTC) price is stuck in a tug-of-war! * Sellers are offering a big chunk of BTC (300+ BTC) at $70,000, creating a resistance level. * Buyers are waiting patiently to buy (200+ BTC) at $60,000, creating a support level. What's next? * If sellers overpower buyers, the price might drop below $60,000. * If buyers overpower sellers, the price might rise above $70,000. * Until there's a clear winner, expect the price to bounce between these two levels. In short, without any surprises, Bitcoin's price is likely to move sideways in the near future.

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$BTC Major investors are currently circulating news predicting a decline in Bitcoin’s price post-halving. The strategy behind this could be to influence market sentiment, causing the public to sell off their holdings. This, in turn, would lead to an actual price drop, allowing these investors to buy Bitcoin at lower prices and increase their holdings. It’s important to stay informed and not make hasty decisions based on market rumors. Hold firm and avoid panic selling.

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