Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
IMMI-19
2
Posts
Follow
LIVE
IMMI-19
@IMMI-19
Follow
Don't waste your time
Following
Followers
Liked
Shared
All Content
LIVE
LIVE
IMMI-19
--
#PEOPLEbullish 🤑long tp now. 1st tp 0.1
#PEOPLEbullish
🤑long tp now. 1st tp 0.1
LIVE
LIVE
IMMI-19
--
Bullish
ETHEREUM BULLISH 🤑 Manage your risks accordingly
ETHEREUM BULLISH 🤑
Manage your risks accordingly
ETH
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sign Up
Login
Trending Topics
bitcoin
21.2M views
5,795 Posts
🚨 Bitcoin Drops Below $62,000, Poised for a Major Rebound 🚨 1️⃣ Current Price Dip Bitcoin has fallen below $62,000, causing concern among investors. 2️⃣ PlanB’s Analysis PlanB, a renowned analyst, uses the stock-to-flow (S2F) model. He highlights Bitcoin’s current price hovering around the five-month actual price of ~$65,000. 3️⃣ Significance of Actual Price in Bull Markets Historically, Bitcoin rarely falls below its five-month actual price during bull markets. This price level serves as a strong support line. Bitcoin is expected to rebound from the $65,000 level. 4️⃣ Relative Strength Index (RSI) RSI is a key momentum indicator to assess if an asset is overbought or oversold. PlanB predicts that RSI values will align with peak levels from previous cycles. This suggests exponential returns for Bitcoin. 5️⃣ Future Market Behavior PlanB believes the current bull market will see exponential gains, not diminishing returns. RSI values could rise above 80, similar to the cycles in 2013, 2017, and 2021. 📊 With Bitcoin’s current price around $61,785 and a slight decline of over 2% in the past 24 hours, the coming days will reveal if Bitcoin will recover as predicted. Historical trends provide a compelling case for an optimistic outlook. 📌 Stay tuned for more crypto insights! 👍 Disclaimer: This post is for informational purposes only and should not be considered financial advice. #bitcoin #Binance
ORIONPLAY official
5 Likes
6.5k views
BTC
22.6M views
5,490 Posts
ETH
3.8M views
1,511 Posts
View More
Latest News
Bitcoin Funds From BlackRock And Fidelity Among Top ETFs Of The Year
--
Saga Completes Distribution Of Vault 3 Tokens
--
Solana Ecosystem's Meme Royale Gains Attention With New Features
--
BTC And ETH Options Open Interest Declines
--
OneMedNet Corporation Raises $4.6 Million Through Private Placement
--
View More
Trending Articles
Are PoS Networks Really More Expensive to Attack Than PoW?
Cryptopolitan
Scaramucci Slams Claims of Harris’s Anti-Crypto Bias, Critiques Trump’s Transactional Approach
CryptoPotato
Political undertones stand out as Bitcoin 2024 hits Nashville
Cointelegraph
Cardano Welcomes Major Node Release as Chang Preparations Heighten
U.today
Tiny 500Gh home Bitcoin mining device produced a block, earning over $200K BTC
Cointelegraph
View More
Sitemap
Cookie Preferences
Platform T&Cs