$W BULL & LONG 🧠🔥

The aSOPR metric for Bitcoin is displaying a negative pattern, indicating a surge in investors selling for profit. Similarly, the binary CDD for Bitcoin shows reduced activity from long-term holders, which is above the average for the week. The Coinbase Premium also reflects a pessimistic outlook, particularly exemplifying a strong inclination to sell among American investors.

His analysis of Bitcoin's daily chart suggested that there is a high probability of further declines in price. According to Bollinger Bands, BTC's price has fallen below the 20-day simple moving average (SMA). The relative strength index (RSI) has fallen sharply, signaling continued price movement in a bearish direction.

CryptoOnchain, a writer and analyst at CryptoQuant, published a report indicating that BTC miners' reserves have decreased. Additionally, miners' reserves have reached their lowest level since April 2021, which means miners are selling their savings. The report stated that this decline has been followed by a much steeper slope since the beginning of November, which may be one of the reasons for the increasing selling pressure in the market. It also revealed that BTC's net deposits on exchanges are high compared to the last seven-day average, which may indicate high selling pressure.

Market dominance on BTC is 52%. The bulls have not started yet and we are on the verge of a very risky market. Bears and bulls are in a war at the last level. My expectation is that the market will go into a serious correction whenever the volatility peaks and the increasing meme coin investments are towards the possibility of falling back to 58k levels. Target 58k ❌

Only 43 days and 12 hours left until the $BTC Halving. The rate of greed in the markets is increasing day by day. Today, the greed hashrate is 88%, which is a very green environment. There is an open position of 4 billion dollars in futures. After the shock correction, futures lovers are a little hesitant because the open position during the correction was 5 billion dollars. If market conditions continue like this next week, I expect 69k and then 72k from BTC. In this process, I advise you to make a basket for grandfather coins that have not experienced their bull yet but are completely ready, such as $Dgb $ltc $ADA . My favorite, $DGB, is very cheap now compared to its price 3 months later. Unfortunately, we will not be able to buy it at these prices on June 1st. Ytd. To beautiful and green days :) $DGB IS GOING TO THE FOREVER

Crypto.com announced that it supports $DGB , thanked the official $DGB on Twitter, and it will have a positive impact on the price. 🤝

News of interest rate cuts started to come from the FED. This means that investors will decide to invest in BTC instead of investing their money in interest.

$DGB is the cryptocurrency most similar to $BTC in terms of system and operation. You will see the benefit of holding some $DGB in your spots on June 1. :))

There is positive divergence in Eth and BTC parities. This means that alt coins will start a rally in a short time. Either the bottoms will fly or they will fly ✈️

In the last bull, all kinds of cryptocurrencies experienced rallies (Metaverse, artificial intelligence, web3, meme, fan token, etc.), but only the fixed coins that we call grandfather coins, that is, old coins such as $Dgb $ltc $xlm $bch $xmr, could not fully rally. There will be big fluctuations in old cryptocurrencies, especially $DGB , in the near future. I advise you to take your place. :)

From here, they may try 60,000 support, although it is very unlikely. If we drop at 60,000, the next 50,000 will be the closing of the market. But with a high probability, 69,000 will be tried again. If the 69,000 resistance is broken, there will be a serious rise and the chart we saw at #Btc will become history and the opening of the lower bull 🐂 will occur. In summary, below 60,000 means disappointment and bloodshed, and above 69,000 means green dollar 💵. Hold your stops tight :) $DGB

Just a fix. As long as the 59,000 liquidity is not drained, there is nothing to fear.
Remember 1 BTC = 1 BTC :)

I think the market will make 5x in general within 3-6 months, I hope it will be as we thought and planned 🙏🪄🪄

$mina has very important projects, she couldn't make her full move, but earning $5 from here is not a dream at all.

$DGB will not keep you waiting long, as it did with the bulls passing through a very important support level. My target in a short time is 0.090 (under suitable market conditions).