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Why This Bloodbath 🚫 1) The market is currently oversold. 2) Bitcoin (BTC) is experiencing a steady decline. 3) Alternative cryptocurrencies (ALTs) are facing desperate declines and panic selling. 4) Relative Strength Indexes (RSIs) are consistently at low levels. 5) A significant number of new coins are entering the market each month, leading to capital diversification, which makes price pumps more challenging and less frequent. 6) Bitcoin's market dominance remains substantial. 7) The impact of the BTC halving has been factored in since January (or even earlier). 8) A market recovery is possible but may take anywhere from 7 to 14 months. Let me know if you need any further adjustments! ❤️LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE ⌨️ COMMENT 🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice. #Binance200M #TopCoinsJune2024

Top 10 Altcoins Which Might See 30% Drop in Next 10 Days The crypto market faced a turbulent week, with major developments impacting various coins. Red Coin (RWE) hit new highs, while altcoins showed signs of weakening after a bullish year. Meme coin hype and the FOMC added to this volatility, unsettling traders and investors. **Impact of Meme Coins** Crypto Banter's podcast highlighted how meme coins are negatively affecting the market by diverting investments from genuine projects. They suggest that eliminating meme coins could help altcoins recover, allowing projects with real-world applications to thrive. **When to Buy: Bitcoin or Altcoin?** The analyst advises focusing on long-term portfolios and using the Bitcoin Rainbow Chart to identify good entry points. This tool suggests accumulating in the light green zones, buying in the blue zones, and recognizing fire sale opportunities in the dark blue zones. Despite short-term volatility, Bitcoin’s dominance suggests altcoins may suffer initially but rebound quickly when the market recovers. **Analyst Picks Trending Altcoins** **Injective Protocol (INJ):** Trading around $20 with downward pressure. Wait for market stability before buying. **Fantom (FTM):** Near support levels, with a potential drop to $0.55-$0.50. Consider cautious buying when conditions stabilize. **Immutable X (IMX):** Stable at lower levels; accumulation strategies could be considered despite ongoing volatility. **Chainlink (LINK):** Losing support around $12, with buy zones at $12 and $10. Monitor for signs of reversal before buying. **Polkadot (DOT):** Near critical support levels at $4.5. Exercise patience and wait for stronger market signals. Given current market uncertainty, the future of cryptocurrencies in 2024 and the wisdom of investing in altcoins for the next bull run remains a key question. 🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice. #Altcoins

3 Altcoins To Sell Amid Crypto Market Correction 🚨 The crypto market is experiencing slight corrections, with altcoins and meme tokens moving sideways. Losses have increased after Bitcoin’s price fell below $70,000, now trading at $66,991—a 1.1% decline in the last 24 hours, causing weekly outflows to reach 6%. This drop has impacted investor sentiment. Outflows from altcoins have reduced the crypto market cap to $2.44 trillion, with weekly positions turning negative. Despite some gains, many assets are still seeing outflows. Short-term losses are hindering growth, prompting investors to consider selling certain altcoins amid market declines. Cardano (ADA) ADA is down 2.3% in the last 24 hours and 14.53% this week. Daily trading volumes have dropped 32%, with ADA now priced at $0.4127. Continuous outflows make ADA a candidate to sell during short-term losses. Ripple (XRP) XRP has faced ongoing daily losses and regulatory challenges with the SEC. Currently down 1.9% to $0.478, with daily volumes 14% lower. Despite long-term bullish hopes, short-term declines suggest considering selling XRP. Solana (SOL) SOL trades at $144.98, down 3.2% in the last 24 hours and 15% this week. Daily trading volumes are down 23%. Although SOL often recovers well, current short-term losses place it in the red zone. ❤️LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE ⌨️ COMMENT 🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice. #AltcoinGains #TopCoinsJune2024

Crypto Predictions By Experts For This Year 💯 1. SOL is projected to hit $350 by December. 2. TON is anticipated to reach $18 by December. 3. XRP is expected to climb to $1.5 between August and December. 4. MATIC is forecasted to reach $1.8 from July to December. 5. BNB is predicted to reach $700 by December. 6. ETH is projected to rise to $4,500 by December. 7. TIA is anticipated to hit $35 between July and December. 8. BTC is expected to soar to $980,000 by December. ❤️LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE ⌨️ COMMENT 🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice. #Altcoins #TopCoinsJune2024

Crypto Whales Ejecting Out Investors 🐋 Currently, 90% of people who invested in altcoins are in significant loss. Most of these investors have lost faith in future growth and expect more corrections, especially in altcoins. If we observe most analysts and traders, they are anticipating a swift turnaround and the start of a strong rally. As mentioned before, when the majority expects a specific movement, the opposite scenario is often more likely. I think we will drop further before bouncing back strongly and seeing the desired altseason. It's important to note that the reversal can be very quick, so we must always be ready. Many might wonder how much lower we can go. The truth is, there is no definitive bottom. Each new low can bring another correction, potentially endlessly. The key is the market's cyclical nature. Therefore, never invest all your capital at once; you might get many buying opportunities from your entry point until the expected growth happens. ❤️LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE ⌨️ COMMENT 🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice. #Altcoins #TopCoinsJune2024

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