🚨 Very Urgent Market Update 🚨

$BTC as predicted yesterday in my previous post hit $64K as the market is still heavily affected every time #Bitcoin dips (I shared with you the liquidity chart). What is the next move for the crypto market in addition to the upcoming economic events today will be explained in this post. Let’s Start ✨

🪙 Among the Most Important Economic News Today Dubai Time 🪙

1. European CPI 12:00

2. US Retail Sales 3:30

3. US Industrial Production 4:15

4. US Corporate Stocks 5:00

✨ BTC Price Action ✨

BTC fell to its lowest levels in a month, recording $65.3 thousand, driven by the exit of investments from digital asset products, and the possibility of higher US borrowing costs for a longer period.

🔺If the $64K level holds then we would see a recovery BUT if the news is NEGATIVE then BTC is expected to Dip and Hit $62K while it would affect the crypto market negatively.

🔺Remember that: THERE IS OVER $10B WORTH OF #BTC SHORT LIQUIDATIONS LAYING AROUND $72K!!!

💥 Conclusion: 62K is next unless 64K holds.

🌿 Altcoins 🌿

Well most of the Altcoins are still losing value as BTC dominance is still high, hence every dip in BTC will affect Altcoins negativity, that is why you are seeing most of your positions red.

🔺 The Daily Trending Altcoins are as Follows:

💥 $SOL is Down around -5% as it’s current price is $138 which is an amazing opportunity to buy more #Solana and hold for the Long Run.

💥 $PEPE is also down -6% and still holding strong although it is near to break one zero. Good opportunity to buy #PEPE at this level.

🔥 Futures Trading Advice 🔥

Don’t open yet your Long positions as the market is unpredictable. Wait until late today as I will give you the update and be very safe in your Sell Positions. Don’t be greedy and don’t go into risky trades (Remember to USE STOP LOSS).

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Regards CryptoVenom ✨