60k has failed. the daily and weekly range has also been broken. what is the new floor?
i believe if we base it on the previous patterns. we are looking at at 30k being the absolute floor.
though a sharp decline is imminent.
current price : 58k
I think a surprise uprise is coming.
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(Jul 4, 2024 01:22 AM)DashPHP Wrote: I think a surprise uprise is coming.
I agree with you. I can see BTC going over 63k soon.
(Jul 4, 2024 05:09 AM)UltraexTrader Wrote: I agree with you. I can see BTC going over 63k soon.
It usually is the case, esp when it “looks” like the opposite is about to happen. Hahaha
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(Jul 4, 2024 05:50 AM)DashPHP Wrote: It usually is the case, esp when it “looks” like the opposite is about to happen. Hahaha
I think a reason for the dip might be binance removing the option to trade with USDT and leave only USDC but its just my opnion.
(Jul 4, 2024 06:52 AM)UltraexTrader Wrote: I think a reason for the dip might be binance removing the option to trade with USDT and leave only USDC but its just my opnion.
Wait what? Is that confirmed?
the floor is much higher than 30k rofl, that is a doomer take
Jul 4, 2024 10:21 AM
(This post was last modified: Jul 4, 2024 10:21 AM by Zher0.)
With all the ETFs and institutional investors, I don't think it'll ever drop below$50k again. I bought more at $57000-$58500
Jul 4, 2024 11:02 AM
(This post was last modified: Jul 4, 2024 11:07 AM by zeezoo_al.)
(Jul 4, 2024 05:50 AM)DashPHP Wrote: It usually is the case, esp when it “looks” like the opposite is about to happen. Hahaha
the same could be said for your case, wheres the logic?
(Jul 4, 2024 09:54 AM)SIM-5049184 Wrote: the floor is much higher than 30k rofl, that is a doomer take
sure i agree with you, but it definitely has failed 60k.
(Jul 4, 2024 10:21 AM)Zher0 Wrote: With all the ETFs and institutional investors, I don't think it'll ever drop below$50k again. I bought more at $57000-$58500
i personally wouldn't buy at that price point, especially when litterly few days back it touched 57 and went back up, than back down at that range. theirs no basis for it to hold anything above 50k rn.
my prediction is it'll dip faster than the 60k range, to 40s. it'll only take another war for it to touch 60k again
there hasnt been a influx of volume, rather a decrease. idk how ETF's are gonna play. Their might be uprising of eth tho overtaking btc.
(Jul 4, 2024 11:02 AM)zeezoo_al Wrote: the same could be said for your case, wheres the logic?
sure i agree with you, but it definitely has failed 60k.
i personally wouldn't buy at that price point, especially when litterly few days back it touched 57 and went back up, than back down at that range. theirs no basis for it to hold anything above 50k rn.
my prediction is it'll dip faster than the 60k range, to 40s. it'll only take another war for it to touch 60k again
there hasnt been a influx of volume, rather a decrease. idk how ETF's are gonna play. Their might be uprising of eth tho overtaking btc.
Just an observation.
(Jul 4, 2024 12:56 AM)zeezoo_al Wrote: 60k has failed. the daily and weekly range has also been broken. what is the new floor?
i believe if we base it on the previous patterns. we are looking at at 30k being the absolute floor.
though a sharp decline is imminent.
current price : 58k
germany selling all it's btc that's the reason for the decline, germany hasn't made any great decisions in the past 100 years
also, whatever you think and want to happen, that won't happen
Recent news says German MP Joana Cotar has urged the German government not to sell the crypto as planned, so at least something positive appears to be going on. They could sell it off network to mitigate market pressure.
they push down so how can get it for cheap because they can not hold the market with buying on over 70k
so they spoke the investors and wait to get rid many holders so how they can buy it after the incoming surge
Altcoins and memecoins is the only reason BTC isn't over $100k yet
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