corrections
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#copiedpost #Token2049 #BTCđŞď¸ $BTC $SOL $BNB #corrections
đ˘WISE SAYING - LISTENđ˘
If you want to become a millionaire
in crypto and stay a millionaire, just
follow these 2 simple rules:
1) Never do leverage trading, Control
your greed to become rich overnight.
2) Never forget rule no. 1
In yesterdayâs dump even 3x longs got
liquidated which are considered safe
đ˘WISE SAYING - LISTENđ˘
If you want to become a millionaire
in crypto and stay a millionaire, just
follow these 2 simple rules:
1) Never do leverage trading, Control
your greed to become rich overnight.
2) Never forget rule no. 1
In yesterdayâs dump even 3x longs got
liquidated which are considered safe
"Attention followers! The Bitcoin correction has come to an end, and the market bleeding is over. Get ready to see green charts soon. Hold tight and stay tuned for exciting developments ahead!"
#BitcoinHalvingMagic #CorrectionWaves #corrections
#BitcoinHalvingMagic #CorrectionWaves #corrections
If history repeats, Bitcoin could be in for a wild ride over the next six months! đđ
What to Expect for Bitcoin in the Coming Months?
Checkmate's analysis suggests that while Bitcoin hovers around $60,000, it's poised for a significant move. If the past is any indication, this could lead to a period of intense growth. "Bitcoin history tends to rhyme," he explained, pointing to previous cycles that saw similar patterns. After a period of consolidation, Bitcoin could skyrocket for a parabolic advance that could continue for several months. đ
A Look at Bitcoin's Recent Corrections
April 2021 was a high point for Bitcoin, but this month saw a considerable pullback, with prices dropping over $8,250. Despite this dip, Checkmate says these corrections are typical and can be seen as a sign of a healthy market. He noted that Bitcoin tends to bounce back stronger after these corrections. This is backed by historical data, showing that the end of each year after a halving usually delivers strong gains. đ
Sell in May and Go Away?
There's another perspective that suggests caution. Charles Edwards from Capriole Investments commented on the recent bullishness, saying that the market hasn't had a significant drop in a while, and that one might be coming. He even suggested that investors might consider selling in May and waiting for a possible correction. "A flush would also be good for sustaining continuation of the bull market," he remarked, hinting that a correction could strengthen Bitcoin's long-term outlook.
Bitcoin's price is quite unpredictable, with sharp fluctuations that can catch even experienced traders off guard. At press time, Bitcoin had dipped to $57,691, indicating that the market could be in for a turbulent ride. đŞď¸
Stay tuned for more insights on Bitcoin's journey! If you enjoyed this analysis, follow along for more! đ
$BTC $SOL #BTC⏠#BullorBear #corrections
What to Expect for Bitcoin in the Coming Months?
Checkmate's analysis suggests that while Bitcoin hovers around $60,000, it's poised for a significant move. If the past is any indication, this could lead to a period of intense growth. "Bitcoin history tends to rhyme," he explained, pointing to previous cycles that saw similar patterns. After a period of consolidation, Bitcoin could skyrocket for a parabolic advance that could continue for several months. đ
A Look at Bitcoin's Recent Corrections
April 2021 was a high point for Bitcoin, but this month saw a considerable pullback, with prices dropping over $8,250. Despite this dip, Checkmate says these corrections are typical and can be seen as a sign of a healthy market. He noted that Bitcoin tends to bounce back stronger after these corrections. This is backed by historical data, showing that the end of each year after a halving usually delivers strong gains. đ
Sell in May and Go Away?
There's another perspective that suggests caution. Charles Edwards from Capriole Investments commented on the recent bullishness, saying that the market hasn't had a significant drop in a while, and that one might be coming. He even suggested that investors might consider selling in May and waiting for a possible correction. "A flush would also be good for sustaining continuation of the bull market," he remarked, hinting that a correction could strengthen Bitcoin's long-term outlook.
Bitcoin's price is quite unpredictable, with sharp fluctuations that can catch even experienced traders off guard. At press time, Bitcoin had dipped to $57,691, indicating that the market could be in for a turbulent ride. đŞď¸
Stay tuned for more insights on Bitcoin's journey! If you enjoyed this analysis, follow along for more! đ
$BTC $SOL #BTC⏠#BullorBear #corrections
#copiedpost #Token2049 #BTCđŞď¸ $BTC $SOL $BNB #corrections
đ˘WISE SAYING - LISTENđ˘
If you want to become a millionaire
in crypto and stay a millionaire, just
follow these 2 simple rules:
1) Never do leverage trading, Control
your greed to become rich overnight.
2) Never forget rule no. 1
In yesterdayâs dump even 3x longs got
liquidated which are considered safe.
đ˘WISE SAYING - LISTENđ˘
If you want to become a millionaire
in crypto and stay a millionaire, just
follow these 2 simple rules:
1) Never do leverage trading, Control
your greed to become rich overnight.
2) Never forget rule no. 1
In yesterdayâs dump even 3x longs got
liquidated which are considered safe.
đđ!! NEW signal: APT/USDT đđ
Leverage: 10x
Direction: SHORT
Entry: 7.85
Stop: 7.95
TP1: 7.6
TP2: 7.48
TP3: 7.15
I've identified a Head and Shoulders pattern on APT, and it seems like it needs to fill the gap before the next potential pump. Additionally, BTC is undergoing a correction and could drop to around 62.4k, so a dump is expected. I'm going short on APT until it reaches support. Overall, the market seems to need a correction before the next bull run.
#APT_UPDATE #APTđĽ #corrections
Leverage: 10x
Direction: SHORT
Entry: 7.85
Stop: 7.95
TP1: 7.6
TP2: 7.48
TP3: 7.15
I've identified a Head and Shoulders pattern on APT, and it seems like it needs to fill the gap before the next potential pump. Additionally, BTC is undergoing a correction and could drop to around 62.4k, so a dump is expected. I'm going short on APT until it reaches support. Overall, the market seems to need a correction before the next bull run.
#APT_UPDATE #APTđĽ #corrections
đđ!! NEW signal: FTM/USDT đđ
Leverage: 20x
Direction: SHORT đ
Entry: 0.692-0.695
Stop: 0.72
TP1: 0.679 (25%)
TP2: 0.661 (25%)
TP3: 0.648 (25%)
TP4: 0.632 (25%)
FTM has broken both the bullish trendline and a strong support level, which was also the neckline of a former double top pattern. On the daily timeframe, a bearish divergence has formed on the RSI, signaling potential weakness. Given these technical signals, I expect the overall market to experience a correction before entering the next bullish cycle
#doubletop #corrections #FTMUSD
Leverage: 20x
Direction: SHORT đ
Entry: 0.692-0.695
Stop: 0.72
TP1: 0.679 (25%)
TP2: 0.661 (25%)
TP3: 0.648 (25%)
TP4: 0.632 (25%)
FTM has broken both the bullish trendline and a strong support level, which was also the neckline of a former double top pattern. On the daily timeframe, a bearish divergence has formed on the RSI, signaling potential weakness. Given these technical signals, I expect the overall market to experience a correction before entering the next bullish cycle
#doubletop #corrections #FTMUSD
if BTC went down to 55 or 60k, then Alt coins will be down like 200 to 300% and whole Market will take a Massive hit. hope BTC consolidates between 67 and 69k. otherwise it will be a Bloodbath.
#corrections #BTCâ #altsesaon
#corrections #BTCâ #altsesaon
$BTC
As expected, the last pullback could be attributed to the increasing FUD at the higher price levels. However, the questions that need to be asked are whether BTC would be able to recover? and whether we could see more of such flash dumps in the near future while BTC attempts to make new ATH?
The recovery I believe has already begun and if BTC crossed above 71k, it would be a good sign of bullish sentiment. For now, we have seen 69200 confirmed as a good support, which has given a push above 69500.
As far as such flash dumps occuring in future is concerned, their liklihood cannot be denied. FUD increases as BTC starts trading over 71-72k, it puts traders in a difficult position where they are afraid that if they buy BTC at such high levels there is a chance that their capital could be stuck for years until they are able to sell it in profit.
Having said that, the more attempts we make at the higher levels, the more confidence it will give to the buyers to purchase. Right now we have somewhat of a balance of FUD vs FOMO at 69-71k. Once FOMO takes over, prices would be pushed higher and higher, then we will more likely see flash pumps.
This is not an investment advice, you should rely on your own research while investing. I take no responsibility of loss incurred to the readers.
#BTC #corrections #FOMO #FUD
As expected, the last pullback could be attributed to the increasing FUD at the higher price levels. However, the questions that need to be asked are whether BTC would be able to recover? and whether we could see more of such flash dumps in the near future while BTC attempts to make new ATH?
The recovery I believe has already begun and if BTC crossed above 71k, it would be a good sign of bullish sentiment. For now, we have seen 69200 confirmed as a good support, which has given a push above 69500.
As far as such flash dumps occuring in future is concerned, their liklihood cannot be denied. FUD increases as BTC starts trading over 71-72k, it puts traders in a difficult position where they are afraid that if they buy BTC at such high levels there is a chance that their capital could be stuck for years until they are able to sell it in profit.
Having said that, the more attempts we make at the higher levels, the more confidence it will give to the buyers to purchase. Right now we have somewhat of a balance of FUD vs FOMO at 69-71k. Once FOMO takes over, prices would be pushed higher and higher, then we will more likely see flash pumps.
This is not an investment advice, you should rely on your own research while investing. I take no responsibility of loss incurred to the readers.
#BTC #corrections #FOMO #FUD
Damn miners couldn't hold it any longer. They started cashing in so hard, and institutions are accumulating.
Currently, Bitcoin miners, who are responsible for generating new BTC, initially sold off significant amounts after the recent halving. However, as they reached a breakeven point, many paused their sales. Now, some miners are selling again to lock in profits, increasing the BTC supply. While demand remains strong, this boost in supply is causing price fluctuations, which can benefit market manipulators. Basic economic principles are at play, where these swings often lead to a cooling-off period following strong upward runs. However, the volatility can unsettle less experienced investors, sometimes triggering panic selling. Although Bitcoin itself may remain relatively stable, this situation could push altcoins down even further. #BTCâ #bullrun #BinanceSquareFamily #HaveYouBinanced #corrections
Currently, Bitcoin miners, who are responsible for generating new BTC, initially sold off significant amounts after the recent halving. However, as they reached a breakeven point, many paused their sales. Now, some miners are selling again to lock in profits, increasing the BTC supply. While demand remains strong, this boost in supply is causing price fluctuations, which can benefit market manipulators. Basic economic principles are at play, where these swings often lead to a cooling-off period following strong upward runs. However, the volatility can unsettle less experienced investors, sometimes triggering panic selling. Although Bitcoin itself may remain relatively stable, this situation could push altcoins down even further. #BTCâ #bullrun #BinanceSquareFamily #HaveYouBinanced #corrections