Coin Signals
📊 Historically, the average drop is -20% after hitting the ATH or nearing it. There is a very low possibility of the weekly candle closing above $69.4k (ATH) or even hitting $69.4k (ATH) before a -20% drop.
We previously warned about a correction from the all-time high, and so far, we've seen declines of 5%, 14%, and 6% from $69.4k.
Failing to close weekly candle above this level $69.4k (approx $70k) could lead to a 20% pullback.
However, closing above it may signal further major price increases, like past bull runs.
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Forwarded from Crypto News
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⚡️⚡️⚡️BREAKING: Blackrock CEO Larry Fink on live TV:
"If you're in a country where you're fearful of your future, fearful of your government of you're frightened that your government is devaluing its currency by too much deficits, you can say this is a great potential long term store of value.💰 "
@News_Crypto
"If you're in a country where you're fearful of your future, fearful of your government of you're frightened that your government is devaluing its currency by too much deficits, you can say this is a great potential long term store of value.
@News_Crypto
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Coin Signals
If we successfully close a weekly candle above the ATH consider approx $70,000, we can expect a 20% increase in price. Otherwise 20% dump.
Historically, Buying after a Successful breakout above the previous ATH has led to big price increase.
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Forwarded from Crypto News
March 2013: 18 days
Nov 2013: 10 days
March 2017: 84 days
Dec 2020: 18 days
@News_Crypto
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2010-11: -51.28% | -18.41%
2012-14: -70.28% | -21.71%
2015-18: -32.93% | -10.93%
2018-21: -60.24% | -19.39%
2023: -19.11% | -5.47%.
In the current Bitcoin bull cycle, the market has witnessed relatively minor corrections, attributing to ETF buying pressure and hype so far.
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Currently, the weekly candlestick is trading above the previous ATH, but it hasn't closed yet.
If it closes above the previous ATH => Parabolic Move 📈
(Historically, this has been a good buy)
However, if it closes below the previous ATH => Major Correction 📉
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- Alphabet (Google) : $88,842.
- Amazon: $95,842.
- Saudi Aramco: $108,000.
- NVIDIA: $115,158.
- Apple: $138,737.
- Microsoft: $158,842.
- $Gold: $772,474.
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JUST IN : BREAKING: 🇺🇸 US inflation rises to 3.2%, higher than expectations.
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⚡️ With less than an 20 mins to go, #Ethereum 💰 Dencun upgrade is set to enhance user experience and reduce transaction fees for the network’s L2 blockchains through EIP-4844.
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Coin Signals
⚡️ With less than an 20 mins to go, #Ethereum 💰 Dencun upgrade is set to enhance user experience and reduce transaction fees for the network’s L2 blockchains through EIP-4844.
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Forwarded from Crypto News
🚨🚨🚨 I Don't Think Bitcoin💰 Will Go Back Below $55K-$50K: Mike Novogratz
Mike Novogratz believes a major #Bitcoin correction should be expected but it will not take BTC far down.
@News_Crypto | link
Mike Novogratz believes a major #Bitcoin correction should be expected but it will not take BTC far down.
@News_Crypto | link
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If it plays out then price could drop to between $69,000 and $66,000.
Main target 200 EMA on 4hr Chart.
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Coin Signals
Now there will be a small bounce from $65k to $66k (100EMA) before it drops to the 200 EMA on the 4-hour chart, which is at $60k.
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It's important to observe how they respond to this correction, whether by selling or by purchasing more.
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Forwarded from Vip CoinSignals
➡️ SHORT ETHUSDT
❇️ Entry: 3950.00000000 - 4147.50000000
☑️ Target 1: 3752.50000000
☑️ Target 2: 3555.00000000
☑️ Target 3: 3357.50000000
☑️ Target 4: 3160.00000000
⛔ Stoploss: 4251.18750000
💫 Leverage : 5x
❇️ Entry: 3950.00000000 - 4147.50000000
☑️ Target 1: 3752.50000000
☑️ Target 2: 3555.00000000
☑️ Target 3: 3357.50000000
☑️ Target 4: 3160.00000000
⛔ Stoploss: 4251.18750000
💫 Leverage : 5x
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