#BTC Today Analysis & Predictions Last Update May 16'2024

Today massive selling of BTC had happen for more than 3 hours when this post being written and it had take BTC price down to range $64k

I really didn't expecting biggest dump attempts will happened today after 3 days straight of dump attempts always fail but today it had success made crypto market in FEAR again as you can see from the image I had attach in this post

When DXY chart still not showing any significant movements it made me think there is not much events happened in stock market and price manipulation seem only happened in crypto market as the results meme coins in my watch list also got dragged down as market got FEAR

Recently #BOME had defend it price at around 0.011-0.011100, #PEPE also got price increase around 35 points while #FLOKI is the last one

So I think BOME and PEPE may get another round of bullish movements when BTC climbing up again specially for BOME which had showing positive 24hrs change when BTC got dragged down by dump attempts

Anyway with what happened today also tomorrow is Friday, I think we may still see another massive selling like today to take BTC price down again but FEAR NOT as long DXY not showing much fluctuations & greed index also not get decreased then I believe weekend dump attempts will have same results like today results because buying orders can filling the gap caused by selling orders

HOLD & BUY IN DIP

DO NOT PANIC & SELLING IN LOSS

As always DYOR & see you tomorrow

God bless