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Ceo_crypto25
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$ETH IS PUMPING HARD 🚀 BACK ABOVE $3,500 $4,000 IS NEXT TARGET #Etherium
$ETH
IS PUMPING HARD 🚀
BACK ABOVE $3,500
$4,000 IS NEXT TARGET
#Etherium
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BITCOIN 2020 VS 2024 BITCOIN PRICE RIGHT NOW IS VERY CHOPPY AND TECHNICAL ANALYSIS IS NOT WORKING. I FELT THIS IN DEC 2020 WHEN BITCOIN BROKE ATH AND TRADED SIDEWAYS. MY INSTINCT SAYS WE ARE HYPER BULLISH RIGHT NOW - UNLESS THE MARKET PROVES ME WRONG. $150,000 IN 2025 🔥
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WHICH ALTCOIN WILL MAKE A NEW ATH FIRST? ETH BNB XRP SOL ADA DOT LINK ICP AVAX MATIC
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BITCOIN PRE-HALVING CORRECTION IS HAPPENING NOW ONCE IT'S OVER, BTC WILL GO PARABOLIC DON'T GET PANICKED BY SHORT-TERM CORRECTIONS
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I don’t think $73k is the top when you have ETFs buying billions worth of BTC every week. There target should be in the zone of $150k to $200k at minimum. Whales are just trying to shake you out to buy cheaper BTC from you. ETH spot ETF is coming and Blackrock is backing it, do not ignore the signs of approval. News are just there to manipulate your mind to sell. You see how they said at $15k BTC is dead ? Now we are trading at $70k. So don’t believe anything on news, Realy only on fundamentals. We will see a 20x - 100x altseason once btc breaks above $100,000 coz we will see a flow of trillions of dollars. Bull market is just getting started so hold tight, next 12-16 months are going to be life changing 🔥
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WHY IS BITCOIN DUMPING? 1) Grayscale Outflow Yesterday, Grayscale had an outflow of $302M along with a net outflow for Bitcoin ETFs. There is still some major GBTC selling happening, probably from Genesis, and once it settles, BTC will resume its upward momentum. 2) Excessive Leverage Whales always love to liquidate high-leverage longs and shorts. Right now, OI is at new highs along with a positive funding rate, which indicates that there are more longs than shorts. Whales are liquidating these longs, which happens every time. 3) Pre-halving Correction BTC always goes down before halving, and the same thing is happening now. 4) Macro Factors Recently,the negative correlation between Bitcoin and the 10-year US Treasury yield negative correlation has reached -90%. This means whenever the 10-year Treasury yield is rising, BTC is dropping. Yesterday, it rose by 4.3%, and thus BTC dumped If you liked this analysis, hit like and repost it. Show Your Support If you found this helpful, consider to tipping me through the Binance Tipping feature. Your generosity will help me to continue to provide high quality contents. 🙏🏿
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