Quote from: KingsDen on Today at 12:34:58 AM

Many people said the market took them unaware and it is very high, that they are waiting for correction. As we speak bitcoin has corrected and back to $60k, what have they done? They are waiting for more decline and before they will understand, the price will pick up again to progress to the bull run and then there will be more bugs because of FOMO. So, there's definitely gonna be FOMO buying, it's part of the cryptocurrency industry.

I think expectations of a deeper correction are justified in the current market conditions, but we need to keep a close eye on whether the bears can break the support around $60-61k or not. If they can, the BTC price will most likely dump to $50-52k. Alternatively, if the bulls take the initiative and can push back from the current level, the BTC price will return above $70k.

Quote from: rizqillah on April 16, 2024, 06:19:47 AM

According to my analysis, bitcoin will not be affected by war conditions. If it is affected, it is only at the beginning and Bitcoin will rise again. but in my opinion the condition of bitcoin is due to the influence of inflation and ahead of the bitcoin halving whales want lower prices to buy bitcoin in large quantities

yes, Whales have already arranged everything and what they want is a cheaper price.
This halving that is only less than 2 days will provide considerable selling pressure and then Whales start buying it.

The price of bitcoin is now touching $61k and this is the lowest price this month, of course this is a good opportunity to start getting into bitcoin.
But some people are still quite skeptical of the current conditions, but to overcome this, you can enter with the funds provided and do not enter all this.
Leave just in case the price continues to fall and beyond our predictions.

yes, Whales have already arranged everything and what they want is a cheaper price.
This halving that is only less than 2 days will provide considerable selling pressure and then Whales start buying it.

The price of bitcoin is now touching $61k and this is the lowest price this month, of course this is a good opportunity to start getting into bitcoin.
But some people are still quite skeptical of the current conditions, but to overcome this, you can enter with the funds provided and do not enter all this.
Leave just in case the price continues to fall and beyond our predictions.

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