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Cryptocurrency Market Slides as Bitcoin Falls Below $100,000
The cryptocurrency market experienced a significant decline on Tuesday, with Bitcoin (BTC) dropping below the key $100,000 mark. This drop triggered a ripple effect, causing other major cryptocurrencies like Ethereum (ETH), Solana (SOL), XRP, Dogecoin (DOGE), and Shiba Inu (SHIB) to also see price decreases.
Market Analysis:
* Bitcoin (BTC): The leading cryptocurrency fell by over 5%, reaching a price of $97,000. Analysts are divided on the next move for BTC. Some believe a support level of $97,000 needs to hold to avoid a further drop to $92,000. Others predict a potential decline to $85,000 if support breaks.
* Altcoins: Major altcoins like Ethereum (ETH), Solana (SOL), XRP, Dogecoin (DOGE), and Shiba Inu (SHIB) mirrored Bitcoin's decline, experiencing price drops ranging from 5% to 10%.
Expert Opinions:
* Michael van de Poppe: This crypto trader suggests the current Bitcoin volatility could be a consolidation phase. He expects a market rebound with strong altcoins leading the recovery.
* Ali Martinez: This crypto chart analyst identified a buy signal on the Bitcoin hourly chart using the TD Sequential indicator. He believes a rebound is likely if the $97,000 support holds.
* More Crypto Online: This platform advises focusing on potential support breaks and avoiding predictions. They suggest waiting for a reversal signal before entering any trades.
* Castillo Trading: With the US inauguration just around the corner, this trading group recommends patience. They advise waiting for a potential retest of the $93,527 level before initiating any trades.
Overall, the cryptocurrency market is experiencing a correction. The near future of the market depends on whether crucial support levels hold for Bitcoin and other major cryptocurrencies.
#TrumpBTCBoomOrBust #news_update #corrections
The cryptocurrency market experienced a significant decline on Tuesday, with Bitcoin (BTC) dropping below the key $100,000 mark. This drop triggered a ripple effect, causing other major cryptocurrencies like Ethereum (ETH), Solana (SOL), XRP, Dogecoin (DOGE), and Shiba Inu (SHIB) to also see price decreases.
Market Analysis:
* Bitcoin (BTC): The leading cryptocurrency fell by over 5%, reaching a price of $97,000. Analysts are divided on the next move for BTC. Some believe a support level of $97,000 needs to hold to avoid a further drop to $92,000. Others predict a potential decline to $85,000 if support breaks.
* Altcoins: Major altcoins like Ethereum (ETH), Solana (SOL), XRP, Dogecoin (DOGE), and Shiba Inu (SHIB) mirrored Bitcoin's decline, experiencing price drops ranging from 5% to 10%.
Expert Opinions:
* Michael van de Poppe: This crypto trader suggests the current Bitcoin volatility could be a consolidation phase. He expects a market rebound with strong altcoins leading the recovery.
* Ali Martinez: This crypto chart analyst identified a buy signal on the Bitcoin hourly chart using the TD Sequential indicator. He believes a rebound is likely if the $97,000 support holds.
* More Crypto Online: This platform advises focusing on potential support breaks and avoiding predictions. They suggest waiting for a reversal signal before entering any trades.
* Castillo Trading: With the US inauguration just around the corner, this trading group recommends patience. They advise waiting for a potential retest of the $93,527 level before initiating any trades.
Overall, the cryptocurrency market is experiencing a correction. The near future of the market depends on whether crucial support levels hold for Bitcoin and other major cryptocurrencies.
#TrumpBTCBoomOrBust #news_update #corrections
#PI why is there So Silence the Market?
Next wave š is Coming to Wash the 3 $ letās Move
to 3.40$ area Soon š āØāØ
$BTC will be Back soon after Correction made
above 90k then Upward Journey will continue after
Correction to make ATH 112k-118k š
The BULLS are Coming BACK š«
Its #altsesaon āļø
Letās Hope Trump Back his stance on šØš¦ & š²š½
#Write2Earn #corrections #PiCoreTeam $ETH $BNB
Next wave š is Coming to Wash the 3 $ letās Move
to 3.40$ area Soon š āØāØ
$BTC will be Back soon after Correction made
above 90k then Upward Journey will continue after
Correction to make ATH 112k-118k š
The BULLS are Coming BACK š«
Its #altsesaon āļø
Letās Hope Trump Back his stance on šØš¦ & š²š½
#Write2Earn #corrections #PiCoreTeam $ETH $BNB
šš!! NEW signal: FTM/USDT šš
Leverage: 20x
Direction: SHORT š
Entry: 0.692-0.695
Stop: 0.72
TP1: 0.679 (25%)
TP2: 0.661 (25%)
TP3: 0.648 (25%)
TP4: 0.632 (25%)
FTM has broken both the bullish trendline and a strong support level, which was also the neckline of a former double top pattern. On the daily timeframe, a bearish divergence has formed on the RSI, signaling potential weakness. Given these technical signals, I expect the overall market to experience a correction before entering the next bullish cycle
#doubletop #corrections #FTMUSD
Leverage: 20x
Direction: SHORT š
Entry: 0.692-0.695
Stop: 0.72
TP1: 0.679 (25%)
TP2: 0.661 (25%)
TP3: 0.648 (25%)
TP4: 0.632 (25%)
FTM has broken both the bullish trendline and a strong support level, which was also the neckline of a former double top pattern. On the daily timeframe, a bearish divergence has formed on the RSI, signaling potential weakness. Given these technical signals, I expect the overall market to experience a correction before entering the next bullish cycle
#doubletop #corrections #FTMUSD
This wasn't even a major #corrections we had predicted this, and this is only the beginning of the bull run. Time is still left for the bull run to go completely breserkš„š„
When the bull run starts, you need to have good information about which #Coins2024 , such as $ETHFI $ENA $JUP e.t.c and #Narratives to hold to make your bags go x's šÆšø
The information about the next major correction, plans, and coins to hold for long and short term is provided by my team and me. š¬š¬šØāš»
The next 2 possible outcomes are awaiting, with information regarding coin that would give easy 150-250% in upcoming time. š°šš¤
Click the link below and go through the post to join our groups to get this information šā”ļøš
CLICK HERE
Did you know that this dip was coming?
When the bull run starts, you need to have good information about which #Coins2024 , such as $ETHFI $ENA $JUP e.t.c and #Narratives to hold to make your bags go x's šÆšø
The information about the next major correction, plans, and coins to hold for long and short term is provided by my team and me. š¬š¬šØāš»
The next 2 possible outcomes are awaiting, with information regarding coin that would give easy 150-250% in upcoming time. š°šš¤
Click the link below and go through the post to join our groups to get this information šā”ļøš
CLICK HERE
Did you know that this dip was coming?
Yes
79%
No
21%
63 votes ā¢ Voting closed
$BTC
As expected, the last pullback could be attributed to the increasing FUD at the higher price levels. However, the questions that need to be asked are whether BTC would be able to recover? and whether we could see more of such flash dumps in the near future while BTC attempts to make new ATH?
The recovery I believe has already begun and if BTC crossed above 71k, it would be a good sign of bullish sentiment. For now, we have seen 69200 confirmed as a good support, which has given a push above 69500.
As far as such flash dumps occuring in future is concerned, their liklihood cannot be denied. FUD increases as BTC starts trading over 71-72k, it puts traders in a difficult position where they are afraid that if they buy BTC at such high levels there is a chance that their capital could be stuck for years until they are able to sell it in profit.
Having said that, the more attempts we make at the higher levels, the more confidence it will give to the buyers to purchase. Right now we have somewhat of a balance of FUD vs FOMO at 69-71k. Once FOMO takes over, prices would be pushed higher and higher, then we will more likely see flash pumps.
This is not an investment advice, you should rely on your own research while investing. I take no responsibility of loss incurred to the readers.
#BTC #corrections #FOMO #FUD
As expected, the last pullback could be attributed to the increasing FUD at the higher price levels. However, the questions that need to be asked are whether BTC would be able to recover? and whether we could see more of such flash dumps in the near future while BTC attempts to make new ATH?
The recovery I believe has already begun and if BTC crossed above 71k, it would be a good sign of bullish sentiment. For now, we have seen 69200 confirmed as a good support, which has given a push above 69500.
As far as such flash dumps occuring in future is concerned, their liklihood cannot be denied. FUD increases as BTC starts trading over 71-72k, it puts traders in a difficult position where they are afraid that if they buy BTC at such high levels there is a chance that their capital could be stuck for years until they are able to sell it in profit.
Having said that, the more attempts we make at the higher levels, the more confidence it will give to the buyers to purchase. Right now we have somewhat of a balance of FUD vs FOMO at 69-71k. Once FOMO takes over, prices would be pushed higher and higher, then we will more likely see flash pumps.
This is not an investment advice, you should rely on your own research while investing. I take no responsibility of loss incurred to the readers.
#BTC #corrections #FOMO #FUD
šØā¼ļøHow to manage corrections during a bull market?ā¼ļøšØ
ā ļøCorrections are price drops of 10% or more in a short period of time.
ā ļøDuring bull markets, bitcoin corrections give you a good chance of making profits
ā ļøThe cause of a correction may be found in the overselling of a cryptocurrency in the face of sluggish demand
ā ļøIn case of correction, it is necessary to keep your cool and decide in advance what you will do next
ā ļøA correction during a bull market requires a very different approach than during a bear market
ā ļøThose who prepare well for a correction can benefit greatly from it
Bitcoin corrections are quite common, especially in bull markets. The price of bitcoin really is not going to increase every day and there are traders on the market who take advantage of corrections. Prepare well for this sort of thing so you know in advance exactly what you'll do next.
#corrections #bullrun
ā ļøCorrections are price drops of 10% or more in a short period of time.
ā ļøDuring bull markets, bitcoin corrections give you a good chance of making profits
ā ļøThe cause of a correction may be found in the overselling of a cryptocurrency in the face of sluggish demand
ā ļøIn case of correction, it is necessary to keep your cool and decide in advance what you will do next
ā ļøA correction during a bull market requires a very different approach than during a bear market
ā ļøThose who prepare well for a correction can benefit greatly from it
Bitcoin corrections are quite common, especially in bull markets. The price of bitcoin really is not going to increase every day and there are traders on the market who take advantage of corrections. Prepare well for this sort of thing so you know in advance exactly what you'll do next.
#corrections #bullrun
if BTC went down to 55 or 60k, then Alt coins will be down like 200 to 300% and whole Market will take a Massive hit. hope BTC consolidates between 67 and 69k. otherwise it will be a Bloodbath.
#corrections #BTCā #altsesaon
#corrections #BTCā #altsesaon
If history repeats, Bitcoin could be in for a wild ride over the next six months! šš
What to Expect for Bitcoin in the Coming Months?
Checkmate's analysis suggests that while Bitcoin hovers around $60,000, it's poised for a significant move. If the past is any indication, this could lead to a period of intense growth. "Bitcoin history tends to rhyme," he explained, pointing to previous cycles that saw similar patterns. After a period of consolidation, Bitcoin could skyrocket for a parabolic advance that could continue for several months. š
A Look at Bitcoin's Recent Corrections
April 2021 was a high point for Bitcoin, but this month saw a considerable pullback, with prices dropping over $8,250. Despite this dip, Checkmate says these corrections are typical and can be seen as a sign of a healthy market. He noted that Bitcoin tends to bounce back stronger after these corrections. This is backed by historical data, showing that the end of each year after a halving usually delivers strong gains. š
Sell in May and Go Away?
There's another perspective that suggests caution. Charles Edwards from Capriole Investments commented on the recent bullishness, saying that the market hasn't had a significant drop in a while, and that one might be coming. He even suggested that investors might consider selling in May and waiting for a possible correction. "A flush would also be good for sustaining continuation of the bull market," he remarked, hinting that a correction could strengthen Bitcoin's long-term outlook.
Bitcoin's price is quite unpredictable, with sharp fluctuations that can catch even experienced traders off guard. At press time, Bitcoin had dipped to $57,691, indicating that the market could be in for a turbulent ride. šŖļø
Stay tuned for more insights on Bitcoin's journey! If you enjoyed this analysis, follow along for more! š
$BTC $SOL #BTCā¬ #BullorBear #corrections
What to Expect for Bitcoin in the Coming Months?
Checkmate's analysis suggests that while Bitcoin hovers around $60,000, it's poised for a significant move. If the past is any indication, this could lead to a period of intense growth. "Bitcoin history tends to rhyme," he explained, pointing to previous cycles that saw similar patterns. After a period of consolidation, Bitcoin could skyrocket for a parabolic advance that could continue for several months. š
A Look at Bitcoin's Recent Corrections
April 2021 was a high point for Bitcoin, but this month saw a considerable pullback, with prices dropping over $8,250. Despite this dip, Checkmate says these corrections are typical and can be seen as a sign of a healthy market. He noted that Bitcoin tends to bounce back stronger after these corrections. This is backed by historical data, showing that the end of each year after a halving usually delivers strong gains. š
Sell in May and Go Away?
There's another perspective that suggests caution. Charles Edwards from Capriole Investments commented on the recent bullishness, saying that the market hasn't had a significant drop in a while, and that one might be coming. He even suggested that investors might consider selling in May and waiting for a possible correction. "A flush would also be good for sustaining continuation of the bull market," he remarked, hinting that a correction could strengthen Bitcoin's long-term outlook.
Bitcoin's price is quite unpredictable, with sharp fluctuations that can catch even experienced traders off guard. At press time, Bitcoin had dipped to $57,691, indicating that the market could be in for a turbulent ride. šŖļø
Stay tuned for more insights on Bitcoin's journey! If you enjoyed this analysis, follow along for more! š
$BTC $SOL #BTCā¬ #BullorBear #corrections
šš!! NEW signal: APT/USDT šš
Leverage: 10x
Direction: SHORT
Entry: 7.85
Stop: 7.95
TP1: 7.6
TP2: 7.48
TP3: 7.15
I've identified a Head and Shoulders pattern on APT, and it seems like it needs to fill the gap before the next potential pump. Additionally, BTC is undergoing a correction and could drop to around 62.4k, so a dump is expected. I'm going short on APT until it reaches support. Overall, the market seems to need a correction before the next bull run.
#APT_UPDATE #APTš„ #corrections
Leverage: 10x
Direction: SHORT
Entry: 7.85
Stop: 7.95
TP1: 7.6
TP2: 7.48
TP3: 7.15
I've identified a Head and Shoulders pattern on APT, and it seems like it needs to fill the gap before the next potential pump. Additionally, BTC is undergoing a correction and could drop to around 62.4k, so a dump is expected. I'm going short on APT until it reaches support. Overall, the market seems to need a correction before the next bull run.
#APT_UPDATE #APTš„ #corrections
INIT/USDC
Sell
Price
0.8608
Christmas in nearly come,
However the market correction still on the table
what is your thoughts?
Do you think everyone needs the money for Christmas or new year eve so they took some profit resulting this red market?
When do you think the correction would stop and have the reversal green ^^?
Let share each other on comment section #BTCNextMove #altsesaon #corrections #BTCā
However the market correction still on the table
what is your thoughts?
Do you think everyone needs the money for Christmas or new year eve so they took some profit resulting this red market?
When do you think the correction would stop and have the reversal green ^^?
Let share each other on comment section #BTCNextMove #altsesaon #corrections #BTCā
Santa rally is real!! š„
51%
Santa dump I guess š
49%
174 votes ā¢ Voting closed
ŠŠ¾ŃŠ»Š° ŠŗŠ¾ŃŃŠµŠŗŃŠøŃ, Š²ŃŠµŠ¼ Š“ŠµŃŠ¶Š°ŃŃ ŃŠ“Š°Ń. ŠŠ¾ŃŃŠµŠŗŃŠøŃ Š½Š° ŃŃŠ½ŠŗŠµ ŠŗŃŠøŠæŃŠ¾Š²Š°Š»ŃŃ ā ŃŃŠ¾ Š¾ŃŠ»ŠøŃŠ½Š°Ń Š²Š¾Š·Š¼Š¾Š¶Š½Š¾ŃŃŃ Š“Š»Ń ŠæŠµŃŠµŃŠ¼Š¾ŃŃŠ° ŃŃŃŠ°ŃŠµŠ³ŠøŠ¹ Šø ŠæŠ¾ŠøŃŠŗŠ° Š½Š¾Š²ŃŃ
ŃŠ¾ŃŠµŠŗ Š²Ń
Š¾Š“Š°. Š ŃŠ°ŠŗŠøŃ
Š¼Š¾Š¼ŠµŠ½ŃŠ°Ń
ŃŠ¾ŃŠ¼ŠøŃŃŃŃŃŃ ŃŠøŠ»ŃŠ½ŃŠµ Š¾ŃŠ½Š¾Š²Š°Š½ŠøŃ Š“Š»Ń Š±ŃŠ“ŃŃŠµŠ³Š¾ ŃŠ¾ŃŃŠ°. ŠŠ°Š¶Š½Š¾ Š¾ŃŃŠ°Š²Š°ŃŃŃŃ ŃŠæŠ¾ŠŗŠ¾Š¹Š½ŃŠ¼ Šø ŠæŠ¾Š¼Š½ŠøŃŃ, ŃŃŠ¾ ŠŗŠ°Š¶Š“Š°Ń Š²Š¾Š»Š°ŃŠøŠ»ŃŠ½Š¾ŃŃŃ ā ŃŃŠ¾ ŃŠ°ŃŃŃ ŠæŃŃŠø Šŗ ŃŃŠæŠµŃ
Ń!$BTC $ETH $XRP #BtcNewHolder #corrections #bearishmomentum
"Attention followers! The Bitcoin correction has come to an end, and the market bleeding is over. Get ready to see green charts soon. Hold tight and stay tuned for exciting developments ahead!"
#BitcoinHalvingMagic #CorrectionWaves #corrections
#BitcoinHalvingMagic #CorrectionWaves #corrections
#copiedpost #Token2049 #BTCšŖļø $BTC $SOL $BNB #corrections
š¢WISE SAYING - LISTENš¢
If you want to become a millionaire
in crypto and stay a millionaire, just
follow these 2 simple rules:
1) Never do leverage trading, Control
your greed to become rich overnight.
2) Never forget rule no. 1
In yesterdayās dump even 3x longs got
liquidated which are considered safe.
š¢WISE SAYING - LISTENš¢
If you want to become a millionaire
in crypto and stay a millionaire, just
follow these 2 simple rules:
1) Never do leverage trading, Control
your greed to become rich overnight.
2) Never forget rule no. 1
In yesterdayās dump even 3x longs got
liquidated which are considered safe.
#copiedpost #Token2049 #BTCšŖļø $BTC $SOL $BNB #corrections
š¢WISE SAYING - LISTENš¢
If you want to become a millionaire
in crypto and stay a millionaire, just
follow these 2 simple rules:
1) Never do leverage trading, Control
your greed to become rich overnight.
2) Never forget rule no. 1
In yesterdayās dump even 3x longs got
liquidated which are considered safe
š¢WISE SAYING - LISTENš¢
If you want to become a millionaire
in crypto and stay a millionaire, just
follow these 2 simple rules:
1) Never do leverage trading, Control
your greed to become rich overnight.
2) Never forget rule no. 1
In yesterdayās dump even 3x longs got
liquidated which are considered safe
BITCOIN IS FILLING THE LIQUIDITY GAP
š Although I firmly believe Bitcoin will reach $1M per BTC, I still decided to take profits on a significant portion of my Bitcoin holdings around the $100,000 mark.
š Itās not that I could predict todayās correction, but rather thanks to experience, disciplined risk management, and capital preservation strategies.
š If we look closely at previous bull runs, whenever Bitcoinās price surged too fast within a short period, it often left behind a āliquidity gap.ā The same happened during the rally in November 2024, when BTC soared rapidly, creating a liquidity gap between $72,000 and $90,000.
š This zone lacks substantial buy/sell activity, meaning that when Bitcoin retraces into this liquidity void, prices tend to drop rapidly due to weak support. Historically, most liquidity gaps eventually get filledāitās only a matter of time.
š Not only Bitcoin but most assets behave similarly around liquidity gaps because of these key factors:
1ļøā£ Magnet Liquidity Effect ā Liquidity acts like a magnet. Market makers push prices back into these gaps to absorb unfilled liquidity orders, restoring market equilibrium.
2ļøā£ Market Structure & Re-Accumulation ā After a major rally, institutions & whales need to accumulate more positions at lower price levels, causing prices to revisit prior liquidity voids.
3ļøā£ Market Inefficiency ā Self-Correcting Mechanism ā Markets naturally retest unconfirmed price levels to ensure a more accurate reflection of real supply and demand.
4ļøā£ Stop-Hunt & Liquidity Sweeps ā Market makers and whales often drive prices back to liquidity gaps to trigger stop-losses of retail traders, causing cascading liquidations.
š Why is now a critical moment for filling the liquidity gap?
1ļøā£ U.S. CPI inflation is rising again, and the FED has hinted at delaying rate cuts until at least Q3 2025.
2ļøā£ Uncertainty over trade wars & tariffs initiated by Trump, which could significantly impact the U.S. economy.
3ļøā£ A cautious and pessimistic sentiment in U.S. stock markets, increasing overall market volatility.
4ļøā£ FEDās ongoing quantitative tightening (QT) ā The FEDās balance sheet shows a continuous decline in total assets, indicating liquidity is being drained from the economy.
5ļøā£ Cooling off the market after an overheated rally, as leverage positions across exchanges remain at high levels, making the market vulnerable to liquidations.
š„ Overall, this $BTC correction isnāt surprising. The fundamental growth of the market remains strong, so thereās no reason to be overly bearish or assume that the long-term trend has shifted.
#bitcoin #corrections #liquiditygrap
š Itās not that I could predict todayās correction, but rather thanks to experience, disciplined risk management, and capital preservation strategies.
š If we look closely at previous bull runs, whenever Bitcoinās price surged too fast within a short period, it often left behind a āliquidity gap.ā The same happened during the rally in November 2024, when BTC soared rapidly, creating a liquidity gap between $72,000 and $90,000.
š This zone lacks substantial buy/sell activity, meaning that when Bitcoin retraces into this liquidity void, prices tend to drop rapidly due to weak support. Historically, most liquidity gaps eventually get filledāitās only a matter of time.
š Not only Bitcoin but most assets behave similarly around liquidity gaps because of these key factors:
1ļøā£ Magnet Liquidity Effect ā Liquidity acts like a magnet. Market makers push prices back into these gaps to absorb unfilled liquidity orders, restoring market equilibrium.
2ļøā£ Market Structure & Re-Accumulation ā After a major rally, institutions & whales need to accumulate more positions at lower price levels, causing prices to revisit prior liquidity voids.
3ļøā£ Market Inefficiency ā Self-Correcting Mechanism ā Markets naturally retest unconfirmed price levels to ensure a more accurate reflection of real supply and demand.
4ļøā£ Stop-Hunt & Liquidity Sweeps ā Market makers and whales often drive prices back to liquidity gaps to trigger stop-losses of retail traders, causing cascading liquidations.
š Why is now a critical moment for filling the liquidity gap?
1ļøā£ U.S. CPI inflation is rising again, and the FED has hinted at delaying rate cuts until at least Q3 2025.
2ļøā£ Uncertainty over trade wars & tariffs initiated by Trump, which could significantly impact the U.S. economy.
3ļøā£ A cautious and pessimistic sentiment in U.S. stock markets, increasing overall market volatility.
4ļøā£ FEDās ongoing quantitative tightening (QT) ā The FEDās balance sheet shows a continuous decline in total assets, indicating liquidity is being drained from the economy.
5ļøā£ Cooling off the market after an overheated rally, as leverage positions across exchanges remain at high levels, making the market vulnerable to liquidations.
š„ Overall, this $BTC correction isnāt surprising. The fundamental growth of the market remains strong, so thereās no reason to be overly bearish or assume that the long-term trend has shifted.
#bitcoin #corrections #liquiditygrap
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