Quick Market Analysis so that you dont have to๐ง
As a start keep in mind these 3 point:
1- BTC Halving was in April of this year. Historically, that is a major trigger for a bull run
2- The federal reserve did not change the interest rates, and wont plan on doing so till September.
3- Trump, President elect, has strongly supported BTC, along with many other world leaders.
4- The US Government to purchase 3 billion $ worth of BTC.
The above points are major factors favoring the bullish market and price pump of BTC.
However, keeping in mind that the decision for the federal reserve is in September, and presidential elections are not until November, the market is likely to suffer lots of swings.
For BTC to Successfully complete the bull run, a rise to the previous ATH of around 73K is necessary BEFORE a major dump.
In my opinion, we are likely to see a short term bullish trend in the coming weeks till btc reaches 73k. At this point, a massive drop below 56k could be expected before we really get to enjoy that bullish run we have been all waiting for.
Keep in mind, this is a personal market analysis and not official in anyway. DYOR and always trade with caution.
Dear Crypto Enthusiasts, in the past 24 hours, it has been apparent that the bulls and the bears have become strongly knitted to each other๐๐
Historically, these movements signify a large and massive shift in momentum from bearish to bullish (or vise versa)
In the light of all the recent news and support for BTC, the demand is increasing significantly. With that, Altcoins are ready to work their engine as well ๐
In a few hours, one side will dominate the other.
If Bulls win, get ready for a beautiful ๐โ๏ธโจ ALT Season โจโ๏ธ๐
Keep your eyes on the charts and avoid greed to prevent any liquidation before the real kick off
Happy Hunger Games and may the Odd be ever in your favor โ ๏ธ
To anyone losing hope on this market, selling their cryptocurrencies, or massively selling, i invite you all to look at the market as a whole.
Please point out which โgoodโ asset you woud like to invest in. Canโt find any? Cuz BTC crashed? Hasnโt anyone already learned that most assets depend on BTC?
The big fluctuations in BTC, ETH, PEPE, IO, WIF, and the whole market might seem bad currently, and specially in a dumping market, you need to cash in small wins ๐ด before the big surge ๐ฐ
These corrections only mean one thingโฆ a huge Bullish explosion is upon us ๐ฅ๐ฅ Liquidity has accumulated, the pools are loaded with coins to grab and the Whales have already shown their hunger for more.
Keep your eyes on the charts, not just the WIF chart, the whole market ๐๐๐
New ATHs are within sight ๐ It might seem dark.. but today we saw green candles light up. The Moon is about to light up the sky ๐
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People people, Seeing a dip nonmatter how heavy it is, should in no way change your mentality about $BTC ! EVERY market, coin, stock, asset suffers from ups and downs, what matters is the net outcome. After this big dip we saw, we are standing at 61k, but let me put this into light, the ONLY factor that is bearish is this communityโs mentality including yourself. We are 4 months after a BTC halving, President Trump gave a big speech at the BTC conference last week, the US and other countries are explicitly saying how supportive they are about BTC and itโs future, ETFs approved for the ETH network. All of these.. BULLISH ๐ Dont let a correction which was bound to happen, play with your emotions and make you believe BTC is over. You very well know BTC is just starting. People sharing how it will dump to 40 or 12k are angry traders who lost money due to the correction. NO MARKET WILL ALWAYS HAVE GREEN CANDLES!! โ ๏ธ With that being said, the next few coming days, weeks, and months are going to be fun for all of us ๐ ๐ Enjoy the ride people ๐ฐ #BinanceTurns7 #ETFsApproval #Write2Earn #BullishAdventure
To anyone nagging and throwing rubbish talk on this cryptocurrency, i invite you all to look at the market as a whole.
Please point out which โgoodโ asset you woud like to invest in. Canโt find any? Cuz BTC crashed? Hasnโt anyone already learned that most assets depend on BTC?
The big fluctuations in $WIF might seem bad currently, and specially in a dumping market, you need to cash in small wins ๐ด before the big surge ๐ฐ
WIF has not yet crashed below itโs major support level of 1.4 despite the whole market crash. These corrections only mean one thingโฆ a huge Bullish explosion is upon us ๐ฅ๐ฅ
Keep your eyes on the charts, not just the WIF chart, the whole market ๐๐๐
New ATHs are within sight ๐
It might seem dark.. but the Moon is about to light up the sky ๐
To anyone losing hope about the bull market, LISTEN UP!!
Big Crypto Assets have been nonstop dumping, endlessly, just a slight BTC dump of 100$ and the others crash by 5-15% daily including WIF, PEPE, PEOPLE, etc.
THIS IS MOMENTUM!!!
At every dump or volatile sideways movements, liquidity is added making more room for a BIGGER PUMP. Big assets still in the red zone since the last bullish run in Jan, will lead the green market starting the coming week!
Next few hours will show Big Pumps, but also HUGE DUMPS
WIF still has a potential of dumping to 1.1, if that happened, then it is almost guaranteed a continuous passage to itโs ATH (WIF potential 10$)
Considering weโre still in a transition between Bears and Bulls, it is important to manage any profits made and prevent any (further) losses
Get ready people for the big pump, weโre just getting started ๐๐
BTC and All big Cryptocurrencies will dip one huge final dip!!
BUY ITTT ๐ฐ๐ฐ๐ฐ
It will Go out steadily to reach the max price from the price it dipped from. From there, itโs God know where the Bullish Run will take ups ๐๐๐
Ladies and gentlemen, As of nowโฆ. Altt season has Begun ๐๐๐
Most Big Coins reached their cumulative lowest points, market volume is at itโs lowest, $BTC Is gaining some Bullish momentum, and guess what, itโs July ๐๐
WHOEVER KEEPS THINKING SELLING $BTC OR ANY OTHER CRYPTOCURRENCY WHEN THEY ABOUT TO PUMP IS FUNNY.. KNOCK IT OFFF!! Itโs not funny ๐ฅน ๐ฅฒ๐ฅฒ๐ฅฒ #BTC100Ksoon $WIF $IO
$BTC Good afternoon ladies and gentlemen, this is your captain speaking Buckle up your seatbelts and prepare for takeoff.. ๐ซ Weโre going to the moon ๐๐