Well, Bitcoin has reached the seller’s zone, which, based on my calculations, was roughly correct—just slightly short of 90 thousand. Now I plan to wait for a correction on Bitcoin. I’ve marked the primary support zone in green on the chart—the first one there—and the indicator gave a short signal on the hourly timeframe. I hope this short plays out, as a healthy, normal correction is standard for a market like this. Bitcoin has been growing relentlessly, so I think it’s time for at least a pause, with some consolidation in the 88-85 thousand dollar range. Ideally, we’d see a correction down to the 80-78 thousand dollar range.
Bitcoin is currently very bullish; that's clearly visible and soon will hit a new all time high. That's exactly the point where a lot of people will start buying with the belief of going to 100k - 130k. But you may know that Bitcoin is under extreme manipulation by BlackRock and other institutions. This is not a stock market, so they will not let Bitcoin go up, and instead they will trigger a massive crash back to 63k. Nobody likes Blackrock, but it's how it is. So what is the plan? First, I expect Bitcoin to go up and reach 78k. Then, when everyone buys, the price will crash to 63k. Do not forget that we also need to see a successful retest of the bullish flag. There is no retest yet. Bitcoin needs to confirm this uptrend, so do not FOMO in. I have been bullish since 60k or so, and I predicted the majority of Bitcoin movements in past months. Why is 63k important? We have a 200 daily moving average and FVG (Fair Value GAP) around this level. Also, the RSI indicator is starting to be overbought; you want to buy low when everyone is bearish
Remember, every dip is an opportunity for growth! Keep your eyes on the long-term vision and stay resilient in the face of market fluctuations.🚀
Success in crypto comes to those who HODL with determination, adapt to changes, and continuously educate themselves. Together, let's ride the waves and conquer the crypto universe!💪
Hello guys! How are you all? I am well Al-hamdu-lillah. Hope all are feeling good.
AI-linked crypto tokens are on a downturn, despite Nvidia's share price soaring over 7% on May 27 and 28. Nvidia, a leading producer of computer chips used by AI companies, has seen a surge of 28% in the past five trading days, closing at a record high of $1,140. Meanwhile, major AI crypto tokens like Rndr, Fet, Wld and AgieX have seen a decline over the past week. However, some crypto traders predict a change in the AI crypto market when Nvidia's stock price starts to decline. What do you think about this crypto coins?