Bitcoin’s recent price fluctuations have caused concern among investors. However, analysts say that these fluctuations are in line with historical trends and are a sign of a potential recovery. Famous crypto analyst Caleb Franzen predicts that Bitcoin could rise to $175,000 in the current market cycle.
Bitcoin’s fall below its long-term moving averages has caused concern among market participants. Experienced analyst Caleb Franzen is evaluating this situation and is monitoring Bitcoin’s performance starting in late 2022. Franzen emphasizes that falling below long-term trends is not uncommon historically and often leads to significant recoveries. He notes that the current decline is not a sign of a long-term negative market phase.
Franzen highlights Bitcoin’s trading behavior and its similarities to common market cycles. He says that breaking above moving averages usually leads to sharp increases, but initial attempts can result in short-term pullbacks. Breaking below long-term averages reflects bear market sentiment, but does not necessarily indicate a sustained downtrend.
Franzen notes that Bitcoin drops below its short-term moving averages are common in bull markets, and that such patterns often result in rapid recoveries. He predicts that following the current recovery, Bitcoin could rally to $175,000. Based on his Fibonacci extension analysis, Franzen predicts that this significant increase could also lead to significant appreciation in other major cryptocurrencies such as Ethereum and Solana.
FOR THE GIFT OF 10 DOLLARS PLEASE READ CAREFULLY.
My friends, you know that we, the publishers, are doing everything we can for you here. We are conveying to you the services and conveniences that our authorities have provided us. I have never withdrawn my support for both the cryptocurrency market and you, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE ESPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION OF WHAT I HAVE SAID ABOUT THIS ISSUE BY CALLING LIVE HELP. IT IS A 10 DOLLAR CAMPAIGN MADE FOR YOU THROUGH ME.
Now I will explain how you will receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who can benefit?
Our friends who have not yet activated the futures section, when you activate your FUTURES transaction section, you will earn $10 when you open it by entering my 88623008 reference code.
I EXPLAIN IN DETAILED.
My brothers and sisters who have become Binance members without a reference, please listen carefully;
When you do what I say in order, you will receive 10 USDT.
Go to the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward until MAY 1 can do so. Afterwards, after activating your account, it is enough to open your first futures transaction.
The first 1,000 brothers who open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this; even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
Even if you do this after May 1st, your reward will not come. So, do it until May 1st. In fact, I would say do it right now in 5 seconds.
It's very simple. Go to futures, enter my 88623008 referral code and activate the account. Then just open a transaction of 200 usdt in total and get the 10 usdt reward.
WHEN WILL THE REWARD COME?
Your $10 reward will come to the REWARDS section of your Binance application within 30 days from May 1. By activating it from there, you can use your $10 reward, or more than 300 lira, in futures transactions.
You can share this post with your friends in need so that they can also benefit from it.
IN THE MEANWHILE, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. EVEN IF YOU HAVEN'T FOLLOWED US YET, DON'T FORGET TO FOLLOW US. WITH MY REGARDS.
