I this this new coin could go up because there are several reasons behind these the first important reason is that these are a chance for whales go to put money in these new launched coin due to BTC down trend whales want to put money in these tokens to get more profit instead of putting money in stable coin beause stable coin market is in downtrend so they can put money in these coin to make a quick profit , and the second reason is that whales know better that somedays before some new coins have been launched and all new coin which were launched somedays ago are continuously in selling pressure whales are trapping us not to put money in these coin it will go also dump just like ,VANA, VELOMDORE, And BIO coin
On the basis of technical analysis I wanna share one past chart of September 7 2024 when BTC made a dip of 52500 from 62000 in 2 days everyone can see the past data of BTC to understand clearly everything. Now the same thing is being repeated by BTC from 102k drop to 92500 exit like September drop and then taking movement toward upward slowly and gradually it will go towards 100k and from this level we might not see a dump again in the market the small dumps could come but it will be recovered
if you understand this chart definitely you will be profitable In the morning video and post I told you guys that BTC could drop upto 93000 to 94000 after that BTC will take bullish move and this time BTC will go up and up for official bull Run why am saying this am not say this from my own I just want to share a technical analysis of BTC and I wanna share the movement of BTC which done by BTC in September 2024 the chart was created by BTC when BTC dropped at that time to 52500 and then BTC take official bull after that now BTC touch 92500 possibly BTC could start official bull from this point you can watch September 7 movement and today movement both matching , this is call technical analysis which could get from staying always in market #followme