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Floppy-bunny
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How will BTC perform in the coming months? There are 2 possibilities. My humble angles:- (1) Rise to around 48,000 & then go through a "major" correction. The 48,000 level is the 0.618 fibonacci retracement from previous peak & also a strong resistance around May 2022 when BTC rebounded. These 2 make this level a very hard nut to crack in 1 attempt. In 2020, the same situation happened. Coincidence? However, in 2020 situation, covid shocked the world & understandably BTC reacted adversely. Do note BTC can make corrections along the way up due to profit taking. (2) Drop to around 24,500 range. BTC bounced twice on this level. There is a chance it will bounce here again. Heaven forbid it crashing through this level as next level would be around 20,000. The weekly MACD & Stochastics are showing bullish signals. Seems (1) is supported. #BTC #Crypto #Cryptocurrency #TA

How will BTC perform in the coming months? There are 2 possibilities. My humble angles:-

(1) Rise to around 48,000 & then go through a "major" correction. The 48,000 level is the 0.618 fibonacci retracement from previous peak & also a strong resistance around May 2022 when BTC rebounded. These 2 make this level a very hard nut to crack in 1 attempt. In 2020, the same situation happened. Coincidence? However, in 2020 situation, covid shocked the world & understandably BTC reacted adversely. Do note BTC can make corrections along the way up due to profit taking.

(2) Drop to around 24,500 range. BTC bounced twice on this level. There is a chance it will bounce here again. Heaven forbid it crashing through this level as next level would be around 20,000.

The weekly MACD & Stochastics are showing bullish signals. Seems (1) is supported.

#BTC #Crypto #Cryptocurrency #TA

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.
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BTC WILL WIN REGARDLESS Regardless of what happens in the world, BTC will win in many instances, in my humble opinion. The only thing it will lose against is dumping by holders. Otherwise, it is likely to win. Here are some points for your consideration. Let me know your thoughts. 1) Limited supply (21M). Its scarcity helps it win. 2) If oil price goes up, BTC becomes valuable as cost to mine goes up. 3) If gold goes up, BTC, as "electronic gold", will go up. 4) If inflation goes up, BTC will rise as an inflation hedge. 5) If interest rate goes down, BTC will rise as people would have more $ to buy. 6) If war, BTC will rise as it is easier to cross borders with an electronic wallet than a physical wallet with gold bars. 7) Safety of electronic wallet. Not controlled by banks etc. This is a plus point given we hear of banks freezing people's $. 8) Easy & "fast" transaction. Makes people neutral to transact with this medium. 9) An investment portfolio with a certain % of Bitcoin would beat one without. 10) Becomes valuable over time. Proven over the last 10+ years. #BullorBear #bitcoin #ETH $BTC $ETH $SOL
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UP! UP! UP & AWAY!!! BTC is LIKELY to turn up between now & 2 weeks time. Of course, when it runs, the alt coins will run in tandem too. From the weekly chart, the MACD has reached almost the zero level. Being in an uptrend, there is A CHANCE it may just bounce off the zero level like the period Jan 2024 earlier. The RSI is still in the overbought level & is showing a POSSIBLE turn up. If this post helps you, do give a like! Much appreciate it. Not Financial Advice. Do Your Own Research (DYOR). #bitcoinhalving #BullorBear #SHIB #write2earn $BTC $ETH $SOL
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BTC to bounce up BTC seems to be about to bounce off the bottom of the horizontal channel/wedge. This will take a little pressure off the alt coins. Hopefully it is the post-halving parabolic run. But we need to see if it goes beyond the upper line. This region is the last cycle's ATH & not surprising needs more time to clear as it is a very strong resistance. As usual, Do Your Own Reasearch (DYOR). This is not financial advice, just some random ramble about the market! :) #BTC🔥🔥🔥🔥🔥🔥 #HotTrens #bitcoinhalving #write2earn $BTC $ETH
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Why US SEC matters to crypto space The US SEC has been taking action against Centralised Exchanges like Binance/Kucoin and organizations developing blockchains & coins like XRP/Ethereum. US is one of the major markets for crypto. The dynamism of the tokens would not be possible if not for the US. However the actions of the SEC is creating a lot of uncertainty. They did not write a new set of laws for this complex space. Nor did they sit down & group existing laws into containers & communicate that to the public. All SEC is doing is using dinosaur laws & the courts to interprete/judge the dinosaur laws on different situations. It's a case by case approach & fluid without proper boundaries. Such approach causes uncertainties & will impede crypto industry expansion in the US. The creativity & innovativeness in US will be dulled & crypto jobs lost. Increasingly crypto companies are relocating to Dubai, Hong Kong, Singapore & a few to El Salvador. But withdrawing from US totally is not feasible as without US' participants, the companies would find it harder to raise funds for their projects. Hope the situation there would be rectified by the US people for their own sake & for others' sake. #HotTrends #BTC🔥🔥🔥🔥 $BTC $ETH $SOL
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Buy which Meme Coin? Looks like the Meme coin that performed the best recently is Pepe & Floki !!! The chart shows that from the flat part to the peak, Pepe gave investors more than 8.5X from around March 12. Floki gave about 9.25X. All that burning and efforts in Shibarium etc only gave Shiba a paltry est. 3.7X. Likely winners will stay as winners. Not financial / investment advice. Do Your Own Research (DYOR). #HotTrends #PepeIsComingBig #FLOKI🔥 #Write2Earn‬ $pepe #floki
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