correction
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🚨 Alert: #Bitcoin has just lost the $60K mark 🔻
Remember what i’d told ☹️? Yes, it is happening. Ladies and gentlemen, we’re are on #sideways to quick #correction . Please fasten your seatbelts. Strong supporting at $55K barrier ⚔️
Remember what i’d told ☹️? Yes, it is happening. Ladies and gentlemen, we’re are on #sideways to quick #correction . Please fasten your seatbelts. Strong supporting at $55K barrier ⚔️
LIVEOliver Wong
--
🔥 Jun FOMC in a nutshell and the short-term #Bitcoin forecast until the end of 2024
- Rate cut decision: Was unchanged (As expected)
- Rate cut times in 2024: Most likely one, depends on the economic data
- Rate cut times in 2025: Increased to 4 times from 3 times in the previous plan
- Fed Chair's tone: NEUTRAL (No Hawkish - No Dovish)
- Fed Chair's outstanding confirmations: No Fed mems think about hiking rate. Fed will be taking action sooner whenever the economy starts sending some "unhealthy" signals. Fed doesn't need to wait for inflation to be pulled back to 2% to start the rate cut. May CPI was good
👉 Conclusion: Fed is still not confident to begin a new rate cut now and need more economy data, and that means upcoming CPI, PPI, and Jobs data are becoming more important than ever
Instant Effect:
- S&P500: Broke through 5,400 and reach new ATH
- NASDAQ: Broke through previous ATH and set new ATH
- DJIA: Closed with a slight dump of -0.09%
- $BTC surged to $70K after a very good CPI data but started dumping since the FOMC meeting was begun. It sometimes broke down $67K barrier and is now slightly above that price. But why it has been declining since then when it's supposed to have the same effect like Stock Market?
👉 The most appropriate answer probably comes from current investor perspectives which are seeing BTC price is at a high price and among record highs. That makes Stock Market has been become more attractive temporarily
👉 Therefore, BTC will go sideways to a quick correction for a while and will pump hard whenever economic data are negative. And if the inflation data continues to decrease, BTC would set at least two new ATHs from now till the end of 2024
👉 In case a quick correction happens, $55K is a strong barrier to stop the bears
- Trade Wisely and NFA -
- Rate cut decision: Was unchanged (As expected)
- Rate cut times in 2024: Most likely one, depends on the economic data
- Rate cut times in 2025: Increased to 4 times from 3 times in the previous plan
- Fed Chair's tone: NEUTRAL (No Hawkish - No Dovish)
- Fed Chair's outstanding confirmations: No Fed mems think about hiking rate. Fed will be taking action sooner whenever the economy starts sending some "unhealthy" signals. Fed doesn't need to wait for inflation to be pulled back to 2% to start the rate cut. May CPI was good
👉 Conclusion: Fed is still not confident to begin a new rate cut now and need more economy data, and that means upcoming CPI, PPI, and Jobs data are becoming more important than ever
Instant Effect:
- S&P500: Broke through 5,400 and reach new ATH
- NASDAQ: Broke through previous ATH and set new ATH
- DJIA: Closed with a slight dump of -0.09%
- $BTC surged to $70K after a very good CPI data but started dumping since the FOMC meeting was begun. It sometimes broke down $67K barrier and is now slightly above that price. But why it has been declining since then when it's supposed to have the same effect like Stock Market?
👉 The most appropriate answer probably comes from current investor perspectives which are seeing BTC price is at a high price and among record highs. That makes Stock Market has been become more attractive temporarily
👉 Therefore, BTC will go sideways to a quick correction for a while and will pump hard whenever economic data are negative. And if the inflation data continues to decrease, BTC would set at least two new ATHs from now till the end of 2024
👉 In case a quick correction happens, $55K is a strong barrier to stop the bears
- Trade Wisely and NFA -
Negative values suggest that we have seen a net sell-side regime since the beginning of April 2023, where Exchange inflows of #Bitcoin and #Ethereum started to exceed those of Stablecoins.
This is a distinct break from the significant buy-side pressure seen in Q1, with buy-side weakening in early April, which coincided with the start of the prevailing market #correction .
#crypto2023 #dyor #Binance
This is a distinct break from the significant buy-side pressure seen in Q1, with buy-side weakening in early April, which coincided with the start of the prevailing market #correction .
#crypto2023 #dyor #Binance
"Get ready for potential gains after a 2-day correction! If your alt token-heavy portfolio has dipped by 30% or more, consider these top 10 cryptocurrencies from the top 500 list with the highest returns in the past 7 days:
1. PUPS: 117%
2. GOG: 58.03%
3. CREAM: 36.05%
4. BMX: 25.89%
5. PRO: 22.52%
6. TON: 20.13%
7. SFP: 14.98%
8. MX: 13.27%
9. NEO: 12.25%
10. EVER: 10.78%
Which ones are in your bags? Don't miss out on potential gains! #correction #altcoin #Altseasson #HotTrends #GAINERS
1. PUPS: 117%
2. GOG: 58.03%
3. CREAM: 36.05%
4. BMX: 25.89%
5. PRO: 22.52%
6. TON: 20.13%
7. SFP: 14.98%
8. MX: 13.27%
9. NEO: 12.25%
10. EVER: 10.78%
Which ones are in your bags? Don't miss out on potential gains! #correction #altcoin #Altseasson #HotTrends #GAINERS
BTC update
the daily timeframe of bitcoin is closing on a red candle for 3 consecutive days now. This could probably start the correction around 5-10%. My advice now is avoid opening long positions as bitcoin might push the altcoins down.
Stay updated everyone! Happy trading
like and follow
#BTC
#correction
the daily timeframe of bitcoin is closing on a red candle for 3 consecutive days now. This could probably start the correction around 5-10%. My advice now is avoid opening long positions as bitcoin might push the altcoins down.
Stay updated everyone! Happy trading
like and follow
#BTC
#correction
hahaha
have you seen the magic
#BTC
#rugpull #correction
I knew it it was gonna happen , the movement was un-natural
the chart , the calculation all were against btc
charts and whales contribution both equally matters
but this is whale's shit
whales only motive is increasing price and take profit and leave the market in bleeding
now let's wait
my instinct says it will go just a little up for the last time then it will fall more
I have suggested some coins earlier
pick those in spot when another correction hits
correction will be early
#dyor
happy investing
not trading
have you seen the magic
#BTC
#rugpull #correction
I knew it it was gonna happen , the movement was un-natural
the chart , the calculation all were against btc
charts and whales contribution both equally matters
but this is whale's shit
whales only motive is increasing price and take profit and leave the market in bleeding
now let's wait
my instinct says it will go just a little up for the last time then it will fall more
I have suggested some coins earlier
pick those in spot when another correction hits
correction will be early
#dyor
happy investing
not trading
Are Bitcoin and Ethereum Headed for a Short-Term Correction Despite Nearing All-Time Highs? 😱
#Bitcoin and Ethereum are on a tear, reaching near all-time highs!
But hold your horses, crypto cowboys, because experts are warning of a potential short-term price #dip .
Buckle up, because we're diving into the frothy market signs – think sky-high trading activity and extreme price swings – that could trigger a #correction .
Don't ditch your crypto just yet, though, as fresh highs are still expected. Just remember, staying cool and having a solid strategy is key to navigating this wild crypto ride!
#Binance
#crypto2024
#Bitcoin and Ethereum are on a tear, reaching near all-time highs!
But hold your horses, crypto cowboys, because experts are warning of a potential short-term price #dip .
Buckle up, because we're diving into the frothy market signs – think sky-high trading activity and extreme price swings – that could trigger a #correction .
Don't ditch your crypto just yet, though, as fresh highs are still expected. Just remember, staying cool and having a solid strategy is key to navigating this wild crypto ride!
#Binance
#crypto2024
With the price of #bitcoin falling by over 15%, #cryptocurrency markets suffered a sharp #correction in the past week. #HotTrends #Write2Erarn
LIVEHarryishere
--
Bikajellegű
╔⏤╝𝕡𝕣𝕚𝕔𝕖𝕒𝕔𝕥𝕚𝕠𝕟 𝟝𝟘𝟘╚⏤╗
⚡️ #ADA/USDT ⚡️
📊Signal Type - Long
➡️Leverage : 10X
➡️Entry Target : 0.7118 - 0.6920
📌Take-Profit Targets :
1) 0.7359
2) 0.7689
3) 0.8000
Wait For The Entry Price🕯
🔴 Stoploss : 0.6684
╚⏤╗𝕡𝕣𝕚𝕔𝕖𝕒𝕔𝕥𝕚𝕠𝕟 𝟝𝟘𝟘╔⏤╝
#Write2Earn #signalaccuracy #futuretrader
I'm not your financial advisor.#DYOR!! before any trade.. ‼️
$ADA
⚡️ #ADA/USDT ⚡️
📊Signal Type - Long
➡️Leverage : 10X
➡️Entry Target : 0.7118 - 0.6920
📌Take-Profit Targets :
1) 0.7359
2) 0.7689
3) 0.8000
Wait For The Entry Price🕯
🔴 Stoploss : 0.6684
╚⏤╗𝕡𝕣𝕚𝕔𝕖𝕒𝕔𝕥𝕚𝕠𝕟 𝟝𝟘𝟘╔⏤╝
#Write2Earn #signalaccuracy #futuretrader
I'm not your financial advisor.#DYOR!! before any trade.. ‼️
$ADA
Expecting a similar correction in Bitcoin also.
Bitcoin will definitely go up.
But for the short term we can see a correction.
#btc #BTC-ETF. #correction
Bitcoin will definitely go up.
But for the short term we can see a correction.
#btc #BTC-ETF. #correction
Polkadot vs Cosmos: Neck-to-neck, but one shows more potential-
Cosmos [ATOM] and Polkadot [DOT] bring together #blockchains , facilitating effortless transfers of data and assets.
1. On one hand, #Cosmos allows developers to build appchains and bridges between blockchains, while #Polkadot uses a sharded multi-chain model, connecting independent parachains within its ecosystem.
2. In terms of blockchain capabilities and growth potential, both $ATOM and $DOT were in neck-to-neck competition. However, investors must check both blockchains’ native tokens’ price action to understand which bag they should put their money in.
3. The bearish market condition has restricted both tokens from lifting their values in the recent past. To add to the misery, both tokens also witnessed a major price #correction over the last few hours, like most cryptos.
4. However, there was good news. Over the last few hours, both tokens recovered slightly, as their hourly charts were green. Additionally, both DOT and ATOM’s Binance funding rates were red.
Generally, prices move in a different direction than funding rates. Therefore, the chances of a trend reversal remained high for both in the coming days.
Cosmos [ATOM] and Polkadot [DOT] bring together #blockchains , facilitating effortless transfers of data and assets.
1. On one hand, #Cosmos allows developers to build appchains and bridges between blockchains, while #Polkadot uses a sharded multi-chain model, connecting independent parachains within its ecosystem.
2. In terms of blockchain capabilities and growth potential, both $ATOM and $DOT were in neck-to-neck competition. However, investors must check both blockchains’ native tokens’ price action to understand which bag they should put their money in.
3. The bearish market condition has restricted both tokens from lifting their values in the recent past. To add to the misery, both tokens also witnessed a major price #correction over the last few hours, like most cryptos.
4. However, there was good news. Over the last few hours, both tokens recovered slightly, as their hourly charts were green. Additionally, both DOT and ATOM’s Binance funding rates were red.
Generally, prices move in a different direction than funding rates. Therefore, the chances of a trend reversal remained high for both in the coming days.
FUTURES SIGNAL
BTC/USDT
SHORT 📉
BTC is forming a bearish trend line on 15 min and 1hr timeframe, also, the daily timeframe seems like making a correction.
this week will be big news for BTC but I still believe it will cause a panic selling from holders. We are still on the bear....
entry at 36.7k
take profits at targets : 36.5k - 36.2k - 35.8k
I bet it will go down up to 35k in the upcoming days
SL at 37k
use only upto 50x leverage
have a nice trading everyone!!!
#BTC
#DownTrend
#correction
#bearmarket
BTC/USDT
SHORT 📉
BTC is forming a bearish trend line on 15 min and 1hr timeframe, also, the daily timeframe seems like making a correction.
this week will be big news for BTC but I still believe it will cause a panic selling from holders. We are still on the bear....
entry at 36.7k
take profits at targets : 36.5k - 36.2k - 35.8k
I bet it will go down up to 35k in the upcoming days
SL at 37k
use only upto 50x leverage
have a nice trading everyone!!!
#BTC
#DownTrend
#correction
#bearmarket
I still believe that we will have a big correction soon.
What about you?
#TrendingTopic #BTC #correction #1st-Trader
What about you?
#TrendingTopic #BTC #correction #1st-Trader
Toldya multiple times to watch this #trendline. Now you can see it has broken. Some told me I am the one who makeing the market #bearish 😂 but now see hat has happened . #BTC may dump to 63k area, 60k area , 55k area or below. However the #bullish scenario also still valid.
#correction #bullmarket
#correction #bullmarket
LIVEDIP Crypto Analysers
--
Medvejellegű
#BTC watch this trendline. More possibility to break and dump after some consolidation in this area. Maybe can pump up to 66k - 67k area before the dump
#bullruns #dump
#bullruns #dump
BITCOIN 15m TIMEFRAME ANALYSIS
There are two possible scenarios for bitcoin right now.
First, if the current upward movement manage to break the 36.6k mark within the few minutes, expect a minor pullback and then a push forward to 38k-40k.
But
Second, if the price was rejected before hitting the 36.6k mark, then expect a correction that could go to as low as 34k.
My advice is to wait for any confirmation between the two scenarios before making your positions.
Stay informed everyone, have a nice trading!
Like and follow
#BTC
#bearorbull
#correction
There are two possible scenarios for bitcoin right now.
First, if the current upward movement manage to break the 36.6k mark within the few minutes, expect a minor pullback and then a push forward to 38k-40k.
But
Second, if the price was rejected before hitting the 36.6k mark, then expect a correction that could go to as low as 34k.
My advice is to wait for any confirmation between the two scenarios before making your positions.
Stay informed everyone, have a nice trading!
Like and follow
#BTC
#bearorbull
#correction
Guys, 📢📢
_____________
Retail arbitrage :-
--------------------
"is when you buy a product from a store or brand and resell it at a higher price to profit from the difference".
And that is how our market works like. 🙂
____****____
See, What i have told you, the market is taking correction, it will be normalized soon.
Here it is. 😁
Those who bought coins during correction,
now they will be enjoying Profit. 💰💰
*****
#Write2Earn #TrendingTopic #correction
_____________
Retail arbitrage :-
--------------------
"is when you buy a product from a store or brand and resell it at a higher price to profit from the difference".
And that is how our market works like. 🙂
____****____
See, What i have told you, the market is taking correction, it will be normalized soon.
Here it is. 😁
Those who bought coins during correction,
now they will be enjoying Profit. 💰💰
*****
#Write2Earn #TrendingTopic #correction
Following the #crypto king's impressive performance last week, a well-known analyst is expressing concern that a #Bitcoin (BTC) #correction may be imminent.
Trader Justin Bennett claims in a recent blog post that since June 15th, BTC has experienced a "impressive" bounce, rising by around 25% in just under two weeks.
Trader Justin Bennett claims in a recent blog post that since June 15th, BTC has experienced a "impressive" bounce, rising by around 25% in just under two weeks.
#BTC/USDT ANALYSIS
$BTC is reclaiming the horizontal support after experiencing a breakdown. It has also broken down below the MA 200. The RSI is bouncing from the oversold region. A candle close above the horizontal support and a breakout of the MA 200 would be #bullish confirmation. In the event of a rejection, a #correction is also expected.
#Bitcoin #bitcoinhalving
$BTC is reclaiming the horizontal support after experiencing a breakdown. It has also broken down below the MA 200. The RSI is bouncing from the oversold region. A candle close above the horizontal support and a breakout of the MA 200 would be #bullish confirmation. In the event of a rejection, a #correction is also expected.
#Bitcoin #bitcoinhalving
