Are there still people who mock me when I say that if there is a full moon, the market always declines. . . ?
and previously I also reminded everyone to be aware that the market will experience another decline.
Please check for yourself on the chart $BTC CME GAP. It is very clear that there is a fairly large gap there. The gap is at $60,845 - $58,790. SOONER OR LATER We will get to that price. as happened many times in the past the Gap Must be closed. plus MT. GOX is not finished yet to distribute BTC and BCH to its users. and there are also rumors that England is being pressured to sell some or all of its Bitcoin. and need to remember again. The US holds confiscated BTC, it is not impossible that they will also sell. Because BIDEN does not support Bitcoin.
What's worse, all these signs make it possible that we could reach the price of 52K, even as deep as 48K.
Next, if we look at the 1 Month Timeframe on chart $BTC , we have not yet reached the oversold area of the RSI or Stochastic RSI. because in the saturated sales area there is a lot of buyer interest. and we need that drop to help lift $BTC to 100K. If that doesn't happen, we will never see Bitcoin reach 100k. because to reach 100k you need a lot of money. and if we don't reach the oversold area. Many people will be more interested in Alternative Coins than Bitcoin.
Stay alert, never go all in. the best strategy is Dollar Cost Averaging (DCA) at certain price points.
See You Again when Bitcoin price hits $60,845 - $58,790. Thank you 🙏
MT Distribution. GOX on its customers (Haker victims) will not have a big impact if the purchase demand $BTC is very large.
However, many people worry about MT users. GOX, which has received its $BTC , is back selling. so BTC experiences inflation. In my opinion, that was a big mistake, not being patient in waiting for the bullrun which is only 2 - 4 months away.
I agree more if MT.GOX distributes its customers in the form of $BCH rather than BTC. because it will save the market. because 98% of coins follow BTC movements.
$BTC Will touch 53K again. and it could drop below the price of 53K.
remembering MT. GOX has not finished compensating its users for past losses using $BTC BTC and $BCH .
Stay alert. the crypto market in July 2024 is likely to be very bad. pay attention to RSI, STOCHASTIC, MACD, and other indicators. in Candle Timeframe 1 Month. still moving downwards. It is likely to be oversold between August and September. Then October will begin the reversal and the Bullrun will begin.
Is the bear market over. . . . ? the answer is not yet. Be careful. . . ! ! !
All coins are based on $BTC . So we analyze $BTC as the parent of all Crypto movements.
(First Image) 1 Week Timeframe shows a double top. and the Stochastic position has no signs of reversal. . .
(2nd image) There is no sign of a reversal in the 1 month time frame. . . It's not time to accumulate yet.
It is likely that July 2024 will continue to decline. Then August to September 2024 Sideways. October 2024 The Bullrun engines are warmed up and begin moving towards the moon.
If you invest in the spot market. Close your application. No need to look at your balance. Go on vacation or do other activities. you don't need to panic. the market will definitely improve.
A healthy market should mean that if there is an increase there will definitely be a decrease.
It looks like sellers are forcing $BTC to fall from $60K support. seen the selling force continues to try to break the $60K support. however buyers continue to maintain support.
If you look at the 1 Month Timeframe, the RSI is still showing a decline. The sign is that July until early August 2024 $BTC will still experience pressure from sellers, until the RSI indicator shows that the seller's strength has been saturated.
There will come a time when the buyer chooses to withdraw funds. and the next support goal is in the $54k - $52k range area. Occasionally there will be an increase, but the trend remains bearish.
to reach $100K $BTC Requires a lot of fresh funds. so BTC will pick up demand first in the $54K - $52K price range. otherwise, bitcoin is less attractive to buy than altcoins.
be careful when buying. However, if your goal is the peak of the bull run in 2025, the DCA technique is very good to apply.
Is the bear market over. . . . ? The answer is not yet. pay attention to candlestick $BTC . all indicators in the 1 month timeframe still show that there will be a deep decline. until it really is in an oversold position. otherwise $BTC will lack funds to reach the price of $100,000. between July to September $BTC will touch prices between $52,000 - 54,000. it is the ideal price point for accumulation.
Many citizens forget the performance of $TIA reaching ATH $21. Now $TIA is priced at $6. I tell you, when you forget that $TIA is priced at $6, that's when a big whale is targeting it and a long candlestick will appear. Then you fall into a trap and many citizens will return Fomo to glance at TIA. prices will be high and big whales will come out.
I say firmly. make steady purchases following the footsteps of the big whales. before Tia slid to the moon. when is a good time to buy TIA. . . ? The answer is NOW.
Many citizens forget the performance of $TIA reaching ATH $21. Now $TIA is priced at $6. I tell you, when you forget that $TIA is priced at $6, that's when a big whale is targeting it and a long candlestick will appear. Then you fall into a trap and many citizens will return Fomo to glance at TIA. prices will be high and big whales will come out.
I say firmly. make steady purchases following the footsteps of the big whales. before Tia slid to the moon. when is a good time to buy TIA. . . ? The answer is NOW.
If you are not ready look at your portfolio -50%. It's better for you to stop investing in Crypto than to become a loser. -50% dicrypto is normal. If you invest in the spot market then what are you afraid of? . . ?
So many citizens $WIF shallow thinking choose to sell at a loss. rather than being patient to survive. they think they will cut their losses and then buy back at the lower price. after they made another purchase, the price fell again. then they sell again at a loss and hope again to buy at the lower price, until their capital runs out. that's the stupidest investment method I've ever known. . . 🤣🤣🤣🤣👊👊👊👊👊
Be patient, don't sell, you should make purchases without selling at a loss. you invest in the spot market, then why are you afraid of a downturn. . . ?
if you are not ready to look at your portfolio -50% Crypto is not suitable for you. bear in mind that.
On 29 May 2024 $WIF reached a price of 4$ and starting on 29 May 2024 WIF continued to decline until today 23 June 2024. Many people sold at a loss and were afraid. and many people say WIF is a scam. However, that's when I continued to make purchases following the movement of big whales. Are you afraid to buy $WIF . . . ? 🤣 Name 1 MEME Coin that committed Fraud after being listed on Binance exchange. if there is I will sell my WIF assets.
If you can't tell me which MEME coin is fraudulent after being listed on exchange #Binance I will continue to accumulate. because I'm sure there will be a time to bounce. JUST BE PATIENT ENOUGH, the time will come when WIF goes to the moon.
Warning...!!! The prices of $PEPE and $SHIB will experience a very sharp decline. to pick up liquidity at lower prices. that way the prices of SHIB and PEPE can go higher.