$BTC How I predicted previously because we ended the month in a mirror red candle, this month we are going to test the 45k support. With a possible further drop to the next support level of 30k. Congratulazion to who sold around 70k when I signalled the first time about a downtrend with accumulation phase. My personal reentry levels are: 50% at 45k, 25% at 30k and 25% at 20k
$BTC Considering that April ends in red and on the support level, a continuation of the down trend is highly likely. Logically we can deduct that by the end of next month the price will fall to the next support level of 45k
$LSK Looking at monthly candles it looks like this currency experienced a slow uptrend build up and I think that is possible that it can have a scarp rise to the ATH
$BTC is at the critical point. 🟥 The 60k resistance is tested right now. 🟥 If it fails, it will drop to 52k in less than a week. 🟥 If this one won't hold, it will drop below 44k 🟥 If it reaches this resistance is probable that a blood bath will start in a form of panic Sell 🟥 In this case, it can break through 30k resistance like a knife cuts a butted and it can even go as low as 16k before rapidly bouncing back 🟩 Keep your fiat money ready for a great accumulation phase, don't panic when it falls because a correction is a healthy part of the BTC cycles, in fact instead of panicking be ready to invest more on each resistance level for greater proffits 🟩 Even if you invested at this last ATH, there is no need to sell, sure it will take at least a year for the next ATH but if you patient enough you still can close in a profit. Remember you don't lose unless you sell in a loss. 🟩 Most importantly after Halving real value of each BTC will be around 80k so the next ATH will be around or above that mark and lower the price will drop during this correction, the higher it will rise back.
🟥 There is a Terrible Truth about #launchpod and most of the new coins launching on Binance. 🟥 When those coins get to the launchpod they receive a massive extra influx of new investors that overinflate the market cap therefore after the launch it would almost always fall a lot considering that ICO investors will start massively selling their coins they were holding for years waiting for it to get finally listed in an exchange 🟥 In fact, remember that all of those coins initially all started as ICO, which means that they asked for money to make a Start up Company. ICO concept is similar to the IPO that has been around since around the 1600s. So we have a lot of data about that type of company 🟥 According to official stats, since 1980, around 80% of all IPO failed. In particular, during the rise of internet it was so frequent rising money to make a company that is officially called a "Mania". Also, the popular film "The Wolf of Wall Street" is based exactly on a broker that pushed his clients toward IPO instead of secure investments 🟥 When a new token is listed is still in its early stages and far from a working project that can produce proffits so this also will force the developers to sell their Tokens as well to keep the project operational until it can start producing proffits 🟩 But still, it is possible to make money through this IPO from the traditional market and ICO from the crypto market. The main strategy is to split your investment into at least 100 parts and invest in the most promising one. 🟩 Before investing in any new coin, check its info and see what the fully deluted market cap is. It is very important to understand the possible earnings. Considering that, on average, a successful US company has a Market Cap a little bit lower than 1BLN, it is logical to assume that a successful crypto company should reflect a similar value. Plus, considering that 8/10 of new coins you will invest won't be long-term successful, you should invest only when the fully deluted market cap is 200MLN or bellow and sell when it goes above 1BLN
$OMNI 🟥 How many other new listed coins has a huge problem 90% of the coin are in the hands of developers of that coin. Meaning that at any point they can drop the price by 90%. Don't invest in any coin that has a Market Cap to Deluted higher then 25%. Plus we are in a Bear Market so is more likely it will dump directly without a decent grow
$BTC The Truth about Halving nobody want to tell because it scares the bulls: 🟥 Everything that will be mined Until Halving can be sold at a profit for an average price of $40k while everything that will be mined after with the same gear will need to be sold for at least $80k with the actual difficulty based on an average price per kw 🟥 Difficulty is increased if more Miners are mining and decreased if less Miners are mining. This means that naturally most Miners that pay higher price per kw will stop mining. This will decrease difficulty and increase reward for who will be left 🟥 Large companies like Bitmiain will develop a new machine that will be profitable even for those who pay higher electricity bill. Those companies will need money to buy new machines. Part will be made by selling the old equipment to who pay less for electricity the other will be made by sales of BTC previously mined. Those companies will sell most of their reserves in a few months because they need money NOW to buy new equipment. This can drop the price to 40k that is still profitable from previously mined BTC 🟥 This sale will cause a substancial drop in price. So other companies that has average electricity bills will follow the same lead in cycle until every single company will upgrade their equipment. This urgency will force even some Miners to sell at a loss fearing that the price will go too far bellow 40k 🟥 This drops will force also many investors in particular impatient one or new in the field to cut the losses selling as well 🟩 The good thing about this is that who will keep large amounts of cash ready to invest in this down trend will make the most of it when BTC actually will chase again the 100k mark next year
$BTC easy price prediction 1) Open BTC/USDT chart 2) Set the period to 1 month candles 3) Move back the chart to see only the 20k record 4) After a down trend you can see a rapid grow to the ATM without touching it "This happened on previous halving" 5) Try to project a similar downtrend in actual scenario and using the support areas calculate the best buy prices
Based on this I can see BTC easily reaching 35k in the next 6 months and if a panic Sell will be triggered in newly entered traders it even can get as low as 20k that is the previous ATH of lower level. Only after this kind of correction I see BTC trying to break 100k and maybe even reaching 150k
$BTC Remember in all bearish market for BTC alt coins has highest % drops and better recover. Until BTC will reach 45k is a good opportunity to buy some alt coins that drops at least 15% in one day and resell them the next days when it recovers. While when BTC will each 45k a good accumulation strategy is to buy: 25% at 45k, 50% at 30k and 25% at 20k
$BTC Just open BTC/USDT chart and set the candles to 1 Month. This is obviously a bubble that is starting to pop and who expect that BTC will make the first time in his history a huge bull run before the halving is delusional or too greedy. Who is in BTC since 2014 know similar premature bull runs are great and that the first time we all cased the moon only to fall back to earth and have our investment locked for a few more years before seeing again an ATH to sell in profit.
$BTC Finally correction started. it will take a few months but I expect it to go bellow 35k and this is the mark when I will start buying. This is not the first time Bitcoin started a bull run before halving and every single time it dropped as much as it risen. So get ready to buy the dip and 35k is a safe spot considering that panic sales of some whales can make it drop even to 20k
$METIS Atm overpriced for a new coin. I expect it to fall At a price around 75$ before any substancial uptrend. ATH for this coin should be 350$ before the Main holders will dump it bellow 75$ or even 25$. My deduction is based on starting Marcet Cap and usually behavior of new coins
$PORTAL At this prime 2.4$ PORTAL has a 350M market cap but 2.5 fully diluted. Therefore I expect that the price will be manipulated to go above 4B in market cap before the Main holders will Sell their stockpile. So my sell target is 24$