Emergency Market Update : Bitcoin Next Movement ||

in Tron Fan Club8 months ago


Assalamu Alikum



Over the past two months, the crypto market has been in a good position. However, today Bitcoin has started to experience a slight downturn, which is normal as the market has seen an overall pump, indicating a correction. Bitcoin's price has begun to bounce back, and it is anticipated that Bitcoin will pump again. However, in the next 3-4 days, Bitcoin may experience a slight dip.

Screenshot_2023-12-11-15-54-10-417_com.android.chrome.png

The expected range for Bitcoin's price is between $40,000 and $45,000. People are eagerly waiting for a slight decrease in Bitcoin's price to invest, but some are impatiently expecting a more significant drop. However, the market is showing signs of a good long-term trend.

I recommend staying secure, as Bitcoin might pump again in a few days, reaching $50,000. So, be patient and wait for the opportune moment to enjoy profits. Altcoins, on the other hand, are not experiencing significant pumps. The primary reason behind this is that many traders are still investing in Bitcoin.

Screenshot_2023-12-11-15-54-27-688_com.binance.dev.jpg

Looking closely at Bitcoin, there is strong support around $40,000, indicating stability. Bulls are not yet active, which is causing other coins to not pump significantly. Hopefully, when the bull run arrives, Bitcoin will pump significantly.

Screenshot_2023-12-11-15-54-39-049_com.binance.dev.png

Bitcoin is holding a good support level at $40,000, and this support might strengthen further. If there is a substantial dump, it may signal a forthcoming pump. So, perhaps in February, Bitcoin will experience a significant drop, followed by an easy cross of $100,000 when the halving begins in April. The overall market is in a good position, so enjoy this market. That concludes today's post. Thanks, everyone!

Sort:  

Thanks for the update on Bitcoin and your predictions.

Thanks for reading.

 8 months ago 

Market has taken a correction and I think it was expected because market does not go upside continuously and in between a correction is needed for another jump. It's too early to expect the bull run cycle because the volumes are not higher however still the sentiments are not so negative and I can say it's slightly positive which can lead towards the bull run in next year. Thanks for sharing this update about the Bitcoin and its next possible movement in the market.

Yes. Market is already over pumped. So I think it will take a small correction. Then it will pump again.

Nice update on the price of bitcoin, for one i am still bullish and expect bitcoin to atleast reach the $48k level before possibly plummeting below.

Yes brother.

I also expect Bitcoin to pump after this little dip. Hopefully, altcoins could follow suit

Coin Marketplace

STEEM 0.17
TRX 0.13
JST 0.027
BTC 60612.92
ETH 2607.99
USDT 1.00
SBD 2.65