Why Bitcoin prices fell drastically is because the reference interest rate from the Fed is very influential.
many people or retailers are starting to be confused about the future of Bitcoin but not necessarily the whales who may be selling some bitcoins to get a much better price.
I see that this is just an initial inducement to see the market respond to what they are doing. they are setting bait that retail will obviously eat.
It's really beautiful when we have bait and it is immediately eaten by the market. However, quite a few also think that now is the best time to expand your coin portfolio.
Maybe everyone can believe or not my analysis. However, in 2024 there will be many new rich people from crypto.
Many people think I'm crazy. but if my madness made me rich then I would be very Happy to be Mad
Predictions according to my analysis:
1. There will be a war that will occur in 2024 and I believe because of that war the viat currency will fall to nothing. and the Crypto currency that will dominate it.
2. Some coins will have maximum performance, such as #xrp and #ETH . Many people have high hopes for these 2 coins.
3. Meme coins will become people's money which may become a currency that can be owned and become daily currency for all the inhabitants of the Earth.
4. This is a question as well as a hope, "Which coin of all the Alt coins or Meme Coins will reach 1$ this year??
on many aspects that influence Bitcoin's current performance. Many observers predict that Bitcoin will rise and reach 100 K in its Fibonacci reference.
but I actually think on the contrary that the whales will make a little big decision by selling their Bitcoin so that many retailers will panic and sell their crypto assets too.
However, my prediction could be wrong and Bitcoin will run again towards 76,234 and return to its latest ATH.
The supporting aspect of why I am talking like this is that the increasingly tense relationship between America and Russia is also a determining factor in the direction of crypto coins.
As someone who has known Bitcoin since 2012, when it was still priced at 1 dollar, the opportunity that I should have experienced has become an important lesson for me personally, that when we invest, don't always predict only the time period and busy times.
So investing in the Crypto World is an advantage that many people may miss, but we must be able to take advantage of it now.
Pepe is one of the coins that in my opinion is a Meme coin that has a bright future. Many people may underestimate PEPE so it is only the 100th choice for some people. However, for me PEPE is the best asset after Etherium which definitely has a very bright future. Many of the things that make PEPE close to my heart are the closeness of the excellent community. Many of them make fortunes that multiply, making them new rich#Binance #Ethereum #bitcoin #PEPERunToTheMoon
This time I will share my opinion about an analysis that might be a reference material for many people.
1. PEPE will still be corrected even though BTC is performing well in the next few days.
2. BTC in the next 2 weeks will create momentum whether it will start a new ATH or fail again to continue rising.
3. Not & Floki will start their correction so that the Whales will accumulate a little profit and perhaps re-enter when the price they feel is suitable
4. The war that might occur between America and Russia could be the trigger for Crypto Currency to emerge as the best currency solution for the world's population. #Binance #Ethereum #bitcoin #Web3
PEPE is a very good asset. However, it is normal for a decline to occur. Many people see that PEPE will indeed go down, making the whales ready to dive back in with the assumption that many people will see how it performs.
So the discussion among small traders is the assumption that PEPE will fall very significantly. but I believe that it won't be long before I even think that PEPE will be one of the top 10 coins in 2024.
Even 1 month ago, Elon Musk showed a little interest in Coin 1 by uploading a photo of a frog. Maybe in the future Elon Musk can make PEPE one of the coins he buys.
Currently, many people see that PEPE is one of the assets that many cryptoers (to use the term people who like Cripto) are considering, who are starting to put their money into the world of Cripto.
The current condition of PEPE is experiencing a decline, which is very normal because the whales have made quite large profits, judging from the percentage increase in PEPE from the beginning of 2024.
It is possible that PEPE will continue to fall to 0.000001241 because there is very thick demand there. However, judging from the RSI in the 1D time frame, PEPE's continuation will occur soon.
I see that PEPE will reach 0.0000241 0 this year and make PEPE a Top 10 coin.
this morning will be proof of PEPE's might. momentum to determine PEPE's future direction. Many saw yesterday that PEPE would only become a coin that was not considered. Everyone should know how to fly to the Moon with PEPE.
the target is 0.00002347 at the end of this year. I hope that the hopes of all PEPE Coin holders can come true depending on whether Bitcoin can reach the new ATH. #Binance #bitcoin #PEPE💚
It has appeared again in several trader groups that PEPE will advance to 0.0000234 at the end of this month. but I think it's still too far for any trader to believe that part.
According to my analysis, all the increases in meme coins have been like this because of the Ethereum ecosystem itself. Hopefully the predictions from the trader group come true.
with a significant increase, many new millionaires in this world will come from crypto. However, with this, more and more people will be interested and make crypto assets one of the main choices for people.
I myself, who saw PEPE's movement, felt that there was hope that in the future PEPE would become one of the coins with a much higher price.
can be seen from the movement that recently occurred. PEPE is one of the coins that can reverse the statements of many people who do not believe that PEPE can reach a price of 0.00001355 on May 21. this is one of the All Time Highs after yesterday being able to reach the previous ATH. #PEPE/USDT #Binance #nft #memecoin🚀🚀🚀