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#BTC Sideways at $64-65, Worst $63k Seem my prediction which you can see in my quoted post is right again As facing weekend I think BTC movements will likely moving around $64-65k range, at worst to $63k as the new support level above $60-61k level and as always meme coins in my watch list #BOME #FLOKI #PEPE #SHIBA will also in sideways Maybe some of you have question, will BTC going down to $60k again ? My answer is almost impossible if there is no global accidents that can affectingly global economic around the world since mining costs has been doable and miners need more cash to adjust their operational costs (you can check my other post about mining cost) So the chance to get in on the lowest price like before halving will likely not happened anymore, you and me had missing that chance Now is the time to adjust our target and get lowest price as possible by benefiting BTC sideways that in my opinion will happen until monday As for how far BTC can go up, I think it will try to breakthrough March'2024 ATH which is at $73k As always DYOR God bless

#BTC Sideways at $64-65, Worst $63k

Seem my prediction which you can see in my quoted post is right again

As facing weekend I think BTC movements will likely moving around $64-65k range, at worst to $63k as the new support level above $60-61k level and as always meme coins in my watch list #BOME #FLOKI #PEPE #SHIBA will also in sideways

Maybe some of you have question, will BTC going down to $60k again ?

My answer is almost impossible if there is no global accidents that can affectingly global economic around the world since mining costs has been doable and miners need more cash to adjust their operational costs (you can check my other post about mining cost)

So the chance to get in on the lowest price like before halving will likely not happened anymore, you and me had missing that chance

Now is the time to adjust our target and get lowest price as possible by benefiting BTC sideways that in my opinion will happen until monday

As for how far BTC can go up, I think it will try to breakthrough March'2024 ATH which is at $73k

As always DYOR

God bless

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NaYo
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Unusual #BTC Movements

After halving BTC movements is very unusual because it had moving in range $63k for more than 7 hours and still happening until now when I write this post and made my last prediction became invalid where I think in my last prediction BTC will going lower to $61k after halving before going up

Its seem the selling pressures had came from miners that need quick cash for their new mining costs which is of course doubled than before halving and the one who bought it can be whales for collecting BTC

As you can see from BTC chart, most buying actions only happen in $63k level where selling actions start from 63500 to 63999 which seem miners dont want to sell their BTC under 63500 while whales dont want to buy above $64k

If what I'm thinking is true thats mean BTC had gain new minimum price because I dont think the whales that bought BTC at $63k range will sell BTC under it

For the meme coins under my watch list #BOME #FLOKI #PEPE #SHIBA still waiting for the next big movements of BTC and only do little movements if compared with BTC movements

I think soon we will see real pump from BTC as whales also need to make profits from buying BTC offered by miners

As always DYOR

God bless
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Okay, this is interesting to be analyzed because recent dump attempts seem using different approach compared with before In 2 days straight we had see dump attempts with big move and always fail to take #BTC price going lower than $63k because its seem the attempts always fail for creating panic selling Right now we can see they use small move with medium selling mixed with large selling orders with certain amounts needed to take BTC price down little by little for more than 2 hours straight as you can see from BTC trading data Also big selling orders seem trying to keep buying orders in check everytime it try to move up more than $63300 to prevent large buying orders passing it while medium selling orders keep going to make BTC down little by little and the results we can see lots of small selling orders has been made based on Binance trading data because they not feel safe anymore and starting to think BTC will going bearish This recent actions really playing with our psychology compared with 1-3 big move to dump BTC price So far there is no big speculative news that can make BTC down also USD value not in high volatility while only good news showing up like South Korea will allow BTC, BTC hash rate had increasing again, etc With all of the good news about BTC combined with other data, I'm really sure this dump has been made for manipulating crypto market which I don't sure for what purpose selling hundred thousands of BTC just to make crypto market down There must be a reason why this person or whoever it is trying so hard to make it happen even when they know $60-$62k also strong support range for BTC For now I only can say enjoy the market while I got disappointed that my plan to take profits soon for my investments in #BOME #FLOKI #PEPE being delayed 😔 God bless
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How to Detect Market Manipulation ? I was thinking to posting this for tomorrow post but looking how market going in manipulation today make me thinking that today May 7'2024 market conditions can be good example for this post As you know #BTC had reach $65k range yesterday but then after SEC news it start going down with some DUMP actions but because buying orders is strong enough thats mean there is another whales waiting for it to eat any BTC in sell and you can see this in trading data when big selling orders being made, big buying orders following it with calculations to get best buying price In my last predictions post I do expect BTC will going to $66k where in the past it showing lots of selling orders waiting which I think made by miners to sell their stocks & when it going sideways to liquidating all selling orders, my watch list coins #BOME #FLOKI #PEPE #SHIBA got pumped to certain points before The FED news being announced which made stock & crypto market in high volatility Today situation really unexpected and in my opinion market in manipulation for pushing miners to sell their stocks cheaper than $66k as miner firms will need to resuming their operations and for that reason they need cash to adjust their operational costs Why I can say that ? because in my opinion the volatility in BTC price that just moving around 300-500 points up and down is not enough to make profits for any traders So by riding SEC news whales had done the manipulation and pushing miners or other traders that bought BTC from $$56-57k to sell their stocks with the mindset BTC price can going down more to $60-$61k range or even lower followed with some FEUD posts that keep spreading FEAR to play with their psychology While retailers/small investors holding their money to invest because they had been driven by FEAR, the trading data in Binance show large orders inflow followed with medium orders dominating it Soon we will get another pump because anyone who bought BTC at this price range ($63k) will need to make profits from their purchases As always DYOR God bless
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How to Find Out Dump Attempts Will Start ? Crypto Market already known for its volatility where the rich can playing with other investors psychology to gain more profits If you watching chart, order book and trading data in daily routine there is some patterns when dump attempts will be start and this patterns usually started with some medium selling orders to test the water against buying orders and how many investors following to sell their assets When they think its good to go they will do the next step with biggers selling orders step by step to create more FEAR while FEUD posts work as they do to help them creating FEAR Just like what happened right now, when SEC News still in speculations whales work to make market in volatility situation just as you can see from the volatility of USD value, #BTC value that also dragging other coins like #BOME #FLOKI #PEPE #SHIBA They want to decrease greed index which mean more less investors interested to go in to the market so they can buy the assets more easy with less competitors When they think they had gained enough then the next step by creating FOMO to drive GREED from middle and small investors until they think they had gained enough profits from the FOMO then the cycle will be repeated So in the end whales will never loss because they know how to play psychology to push other investors left from the market or going in to the market Thats why you need to know how to do analysis based on the data so you can minimizing your loss As always DYOR God bless
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