Where are those who say 20 thousand dollars will come? We regained the main $60,000 support level. It was reported that Germany was selling bitcoins. Then, large corporate companies and companies collected these sold bitcoins at low prices. The halving effect will be felt gradually in July and August. There will be some strong movement after the American presidential elections. The real mega bull will happen in 2025. No one should expect peaks in altcoins in 2024. Some projects may renew ATH, but in my opinion, the rally of medium and low-sized projects will reach 2025. Bitcoin has no reason to drop to 50 thousand dollars. If the SEC case is completed in favor of Ripple, it will be the coin that started the bull. The story of this bull will be the ripple case rather than the sec etfs. Still, we should not lose our guard.
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LIVE--
Bullish
LIVEGRAND TURKO
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Bullish
Possible targets of Bitcoin!!
Bitcoin is moving towards the main resistance level of $70 thousand again. 60 thousand is the main support, 65 is the intermediate resistance, and 70 thousand dollars is the main resistance. If there is a large breakout, a rise towards 80 thousand dollars is expected.
I say this clearly, no one should expect 50 thousand dollars. The consolidation phase between 60 thousand dollars and 70 thousand dollars is now completed. I hope bitcoin rises with dominance. Then, a retreat in dominance, which becomes horizontal, triggers an increase in altcoins. Especially major altcoins that fail to deliver as expected.
Examples of these are; arb,phantom,sei,vet,curve. The highest expectations are in these coins. There is still time for the rise of ripple and cardano, the 2 highest quality altcoins. Quality projects are at the purchasing point. It is beneficial to have only 10 percent in cash.
NOTE: Automatic fill-in-the-blank on the keyboard mistakenly wrote 65 thousand dollars as intermediate support instead of intermediate resistance and 70 thousand dollars as main support. I corrected it quickly.
YTD
#Bitcoin
#DeFi
#web3
#ETH
#Binance
Bitcoin is moving towards the main resistance level of $70 thousand again. 60 thousand is the main support, 65 is the intermediate resistance, and 70 thousand dollars is the main resistance. If there is a large breakout, a rise towards 80 thousand dollars is expected.
I say this clearly, no one should expect 50 thousand dollars. The consolidation phase between 60 thousand dollars and 70 thousand dollars is now completed. I hope bitcoin rises with dominance. Then, a retreat in dominance, which becomes horizontal, triggers an increase in altcoins. Especially major altcoins that fail to deliver as expected.
Examples of these are; arb,phantom,sei,vet,curve. The highest expectations are in these coins. There is still time for the rise of ripple and cardano, the 2 highest quality altcoins. Quality projects are at the purchasing point. It is beneficial to have only 10 percent in cash.
NOTE: Automatic fill-in-the-blank on the keyboard mistakenly wrote 65 thousand dollars as intermediate support instead of intermediate resistance and 70 thousand dollars as main support. I corrected it quickly.
YTD
#Bitcoin
#DeFi
#web3
#ETH
#Binance
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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