#BTC Today Analysis & Predictions Update May 17'2024
In about 1-2 hours US Market will be open and looking at DXY movements it seem still in small to medium volatility (3-15 points up down) also the movements look more DOWNWARD which I think will not give much effects to crypto market
Currently when this post being written #BOME #FLOKI #PEPE got price increase which made me also thinking that BTC may going to climbing up again today
In my opinion the price increase in BOME FLOKI PEPE seem caused by some investors that want to SECURING their positions with EARLY BUYING so when the coins going up they can gain more profits from their early buy actions
If what I'm thinking is right then soon we will see BTC climbing up again to reach upper range and take other coins with it which also make my analysis & predictions in my previous post will happen sooner where I had wrote BTC may visit $67k in this weekend if DXY movements showing downward and greed index not going down too
Also if you take a look at recent BTC order book there is more buying orders than selling orders when this post being written
Keep aware with dump attempts that may happen every weekend even if the attempts can't take BTC price going lower but still will prevent BTC to move higher just like before
As always DYOR
God bless
