Do you think the bull market is still going strong? 🤔📈
Some friends believe that Bitcoin ($BTC) will soon reach $50,000, only to drop back to $40,000. If this scenario unfolds, it could mean that altcoins might experience multiple severe reductions. 📉💔
👉🏻 If this is the case, does the bull market still make sense?
If it takes multiple significant increases just to break even, does the concept of a bull market still hold?
👉🏻 Do you think the bull market is still there? 💭💸$
🔷 Bernstein: Ethereum could reach $6,600 if the ETF is approved 🔷 Bernstein analysts predict a 75% increase in ETH to $6,600 within a few weeks if the SEC approves spot ETFs for the second-largest cryptocurrency. This forecast is based on the similar growth of BTC, which took seven weeks following its ETF approval. The SEC's decision might come today. We are waiting... ⌛#BTC #BTC #PEPE #btc70k #BinanceLaunchpool
The 15-minute chart for #BTC shows a persistent bearish momentum with sideways trends. Therefore, BTC alone is unlikely to see significant rises or drops. Currently, BTC is in a temporary bullish phase, as I have received two confirmations for bullish momentum, but three confirmations are needed for a solid bullish trend. We'll have to wait and see if bullish momentum materializes.
Meanwhile, $ETH shows bullish momentum on the 15-minute chart, with the potential to rise above 3850. Market movements are gradually increasing, so we’ll have to wait and see when significant fluctuations will occur in the #BTC market.
$BONK is once again leading the way, with the potential for significant gains ahead! Bitcoin is displaying bullish tendencies, while $SHIB and $PEPE memecoins are surging. Get ready, as this could be an epic journey! Previously, the last rally saw a remarkable 34x profit.#BTC #buythedip #BinanceLaunchpool #btc70k #ETHETFS
1️⃣ **PEPE Analysis**: - **Current Status**: PEPE is still pumping. - **Challenges**: The current level is difficult to penetrate without significant liquidity. - **Support Area**: 0.00001420 is a strong support area. - **Potential Movement**: If 0.00001420 is breached, PEPE may rise to 0.00001450 or up to 0.00001500. - **Correction Expected**: A correction might occur in the coming hours, but it's uncertain.
2️⃣ **Market Condition**: - **Liquidity Pumping**: Abnormal liquidity pumping due to ETF ETH SPOT news. - **Expected Correction**: A significant correction is expected today or tomorrow, potentially impacting PEPE negatively. - **Trading Advice**: Avoid trading PEPE as it may decline sharply. Current market values suggest potential strong declines. - **Indicators**: RSI and other indicators suggest an imminent strong movement, with current negativity indicating a possible hidden move.
3️⃣ **Short Positions**: - **Action**: Consolidate any short positions and wait. - **Risk**: PEPE, being a MEME currency, may fall today or tomorrow. - **Advice**: Avoid trading PEPE for now as a correction is likely, and it may not stay bullish.
4️⃣ **Long Targets**: - **Future Potential**: PEPE has long targets up to 0.00001700. - **Patience Needed**: Wait for clearer signals before acting.
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1) Buying a cryptocurrency doesn't guarantee a 10% profit within a few hours. 2) Purchasing right at the listing launch (post-#Launchpool or #Launchpad) doesn't ensure instant gains. When you buy, someone is selling, and when you sell, someone is buying. Both parties believe they're making a good deal, but that's not always the case. 3) Why do cryptocurrencies from Launchpool or Launchpad drop after listing? These coins are in the hands of users, creating selling pressure in the market. Sellers aim to sell high, but if buyers aren't willing to pay those prices, the price drops to find willing buyers. 4) When does the price rise immediately after listing? Initially, there are no sellers, so buyers compete, driving the price up until sellers enter the market. 5) Considering the above, does a Launchpool or Launchpad coin have supply as soon as it's listed? Yes, but in the first few seconds, the price often rises because buyers are eager to purchase at the initial price, leading to a brief price spike before it balances out and potentially drops.
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#bitcoin BTC.D is still holding above the support zone, which isn't favorable for altcoins. Despite the recent #BTC☀️ pump#BlackRock , altcoins#altcoins haven't moved significantly. The index needs to close below this zone for altcoins to start performing better.#btc70k
The market is surging right now. While it took longer than anticipated, this rise was expected. *Buy the dip and wait until Friday. Be prepared to withstand up to a 40% decline and avoid closing trades at a loss, as 100x pumps are likely on the horizon. Anyone who has bought and held BTC is profitable. Bitcoin whales are taking profits and rotating them into altcoins. It's possible for Bitcoin to pump to $100k. $BTC $BNB $ETH #ETHETFS #MicroStrategy #BinanceLaunchpool #bitcoin #BTC $ETH $ETH
Warren Buffett, historically one of the richest and best investors, is reducing his stock holdings. He recently sold 13% of his Apple shares, indicating a gradual exit from the stock market. Buffett, known for his disdain for Bitcoin, famously called it "rat poison squared," and he also criticized gold, labeling it a "store of fear" rather than a "store of value." However, his stance seems to be changing as he has now invested half a billion dollars in Barrick Gold. This shift might be due to concerns about the dollar's weakness. Could this mean a brighter future for Bitcoin and cryptocurrencies?#ETHETFS #bitcoin #bitcoinhalving #BTC #BinanceLaunchpool
$STRK is performing well today, solidly maintaining the $1.20 level. If it begins to rise, the next target is $2.65. Should it lose momentum, $1.08 will serve as the next support. Optimism remains for $BTC to stay bullish during this period. $STRK delivered 80% profits in the last rally.#ETHETFS #BTC #bitcoin #bitcoinhalving #altcoins
What's happening in $ETH and $BTC ? The market was quite illiquid over the weekend, making it uneventful. However, news from Iran caused a slight dip, reminiscent of April 13, but it wasn't as severe. As the week began, both ETH and BTC saw a nice rise. I believe ETH will outperform BTC in ROI as we approach the ETF, which is why I invest in altcoins like ETC, $ENA, and PENDLE, which are ETH Betas. Currently, ETH faces resistance at 3,200; if this breaks, we could see a sharp increase. I think the potential ETF rejection is already priced in, so there's no need to worry excessively. Any dip from rejection news should be seen as a buying opportunity. For BTC, as long as the macro data remains positive, new all-time highs are possible. Get ready, friends!#notcoin #BTC #BinanceLaunchpool #altcoins #BinanceLaunchpool
Here are the top 3 altcoins that could rise in value soon:
1. **Arbitrum (#ARB)** Arbitrum is significant in Ethereum's ecosystem, enhancing its transaction capacity. Crypto expert Captain Faibik predicts it could rebound and increase by 50%.
2. **Enjin Coin (#ENJ)** Enjin Coin is gaining attention with its GameFi projects, currently trading at about 31 cents, a 5% increase in a week. Captain Faibik believes it could surge another 50% as it gains momentum.#BTC $BNB #MicroStrategy #CMEBitcoinSpotTrading #ETHETFS #MicroStrategy
3. **Injective #INJ)** Injective is supported by major figures like Binance and Mark Cuban, with a rapidly expanding ecosystem. Valued at over $2.4 billion, it shows potential for a 50% increase.#
#BTC Be prepared for a potential drop in BTC soon, possibly tomorrow. The chart#BTC resembles a typical bull trap before alt#BTC season. If BTC surges above $71k, this#BTC scenario would be invalidated (which is highly unlikely). Trade cautiously.#BTC
As anticipated, Bitcoin is rebounding strongly! I discussed this trade in my previous video and I'm currently LONG on $BTC . In less than an hour, I'll be releasing another video to outline what's next for #BTC☀️. Stay tuned! 📺#bitcoinhalving #BTC #MicroStrategy #BinanceLaunchpool #altcoins