#BTC Today Analysis & Predictions May 14'2024

In my last post I had wrote that data had fool me but now I realize data had never fooling me, market manipulator does

Since my last prediction at May 10'2024 about in the weekend we will see bull movements for #BTC and we had seeing it with high volume of buying orders after the last big dip but I do not expect GreyScale ETF will made very big outflow that preventing BTC to climbing up easily even it had made BTC to touch $60800

For today analysis, since weekend until yesterday May 13'2024 I had watching DXY chart and it seem there is not much fluctuations in DXY chart for the upcoming news if compared with the time when The FED will make official statements so I will still stick with my last predictions that I had made at May 10'2024 also there is some whales who start pumping #PEPE and #FLOKI yesterday while #BOME still in waiting mode for it turns

Why BTC still need to visit $65-$66k because every holders that had accumulating BTC from $61-$63k need to make profits so we may see some profits taking at that range and if BTC can holding it with same or even larger buying volume then for sure BTC will continuing to climbing up as we all already know mining costs had reach $82k in average but if buying volume at $65-$66k can't filling the gap then big dip may happened to $63-$64k range

Just keep in mind, in the process of BTC climbing up to $65-$66k range there will be profits taking from short trading that may cause small dip and market manipulator trying to make FEAR but do not FALL into it, just HOLD, DO NOT PANIC and if you have more spare money to spend buy more because real dip in my opinion may happen when BTC reach $65-$66k

In the end based on the data I had read from Saturday-Monday (May 11-13'2024) there will be not much volatility in stock market or crypto market except for profits taking actions which I think is normal

Edit :

Adding image

Happy trading and as always DYOR

God bless