Pro Analysis pinned «Pro Analysis Premium ADMISSIONS begins!! We got almost 20+ messages from you guys regarding our Premium Services. We didn’t wanted to start this but as per your request we have tried to keep it as low as possible. AFTER THIS CORRECTION WE EXPECT BTC TO MAKE…»
BTC update in 12 hours time frame:
BTC made a new ATH of $67k after which it showed some correction reaching the support levels we mentioned in our previous update.
Currently, BTC is holding a strong support between $60k to $61k and if it bounce from this level then we can expect a 10% to 15% rally that will lead the price to a new ATH $70k.
A break down on the other hand will not be a good sign for BTC. If BTC breaks this support level 1 then the next support level will be the support level 2 ($53k to $54k).
The 12 hours chart will close after 3 hours so it is always a wise decision to wait for the candle close and confirmation.
We will update on this soon so stay tuned.
BTC made a new ATH of $67k after which it showed some correction reaching the support levels we mentioned in our previous update.
Currently, BTC is holding a strong support between $60k to $61k and if it bounce from this level then we can expect a 10% to 15% rally that will lead the price to a new ATH $70k.
A break down on the other hand will not be a good sign for BTC. If BTC breaks this support level 1 then the next support level will be the support level 2 ($53k to $54k).
The 12 hours chart will close after 3 hours so it is always a wise decision to wait for the candle close and confirmation.
We will update on this soon so stay tuned.
Pro Analysis
1000SHIB/USDT Trade Setup: 1000SHIB looks bullish here. Expecting 50% growth from the current accumulation range. Entry: $0.024773 to $0.026388 Target 1: $0.027874 Target 2: $0.029786 Target 3: $0.032156 Target 4: $0.035407 Stop Loss: $0.02276 Accumulate…
1000SHIB/USDT Profit Update:
1000SHIB showed some massive gains.
Target 1 ✅
Target 2 ✅
Target 3 ✅
Target 4 Close enough.
A big congratulations to all.
1000SHIB showed some massive gains.
Target 1 ✅
Target 2 ✅
Target 3 ✅
Target 4 Close enough.
A big congratulations to all.
Twitter and Square CEO Jack Dorsey says ‘hyperinflation’ will happen soon in the U.S. and the world
What is Hyperinflation?
Hyperinflation is when the prices of goods and services are rise more than 50% in a month. As the government increases the money supply, prices rise as in regular inflation, with too much currency sloshing around prices skyrocket.
What causes hyperinflation?
It starts when a country's government begins printing money to pay for it's spending instead of tightening the money supply to stop inflation, the government keeps printing more.
Why cryptocurrency is better choice in Hyperinflation situation?
Remember, hyperinflation is characterized by low value or valueless fiat currency due to uncontrolled money printing. Unlike conventional money, you can't increase digital currencies at will.
Crypto transactions happen over a decentralized and distributed public ledger. Blockchain technology enhances security by making transactions tamper-proof. In other words, it is almost impossible to alter or destroy the virtual public ledger. In addition, many major cryptos have a cap. For example, Bitcoin has a limited supply of 21 million. These features solve the main weakness of fiat money- discretionary printing- which causes hyperinflation.
What is Hyperinflation?
Hyperinflation is when the prices of goods and services are rise more than 50% in a month. As the government increases the money supply, prices rise as in regular inflation, with too much currency sloshing around prices skyrocket.
What causes hyperinflation?
It starts when a country's government begins printing money to pay for it's spending instead of tightening the money supply to stop inflation, the government keeps printing more.
Why cryptocurrency is better choice in Hyperinflation situation?
Remember, hyperinflation is characterized by low value or valueless fiat currency due to uncontrolled money printing. Unlike conventional money, you can't increase digital currencies at will.
Crypto transactions happen over a decentralized and distributed public ledger. Blockchain technology enhances security by making transactions tamper-proof. In other words, it is almost impossible to alter or destroy the virtual public ledger. In addition, many major cryptos have a cap. For example, Bitcoin has a limited supply of 21 million. These features solve the main weakness of fiat money- discretionary printing- which causes hyperinflation.
Market Update:-
BTC UPDATE:- As we expect BTC is taking some correction from last few days which was due. On the daily candle, as of now we don't see much movement. As of now $60k support hold good. If we break down this support then we might see $57k or even $55k. Also 2nd ETF will coming this week so we may see high volatility in the price of BTC. We will update you if anything happens.
Alts update:- As btc showing some correction and dominance continously decreasing that's why Alts showing some relief bounce especially btc pair alts. Soon we will update the BTC.D chart and some good altcoins in BTC pair (TA+FA wise) which gave us 2x-5x profit in the upcoming altseason.
Stay tuned and pin our channel top.
BTC UPDATE:- As we expect BTC is taking some correction from last few days which was due. On the daily candle, as of now we don't see much movement. As of now $60k support hold good. If we break down this support then we might see $57k or even $55k. Also 2nd ETF will coming this week so we may see high volatility in the price of BTC. We will update you if anything happens.
Alts update:- As btc showing some correction and dominance continously decreasing that's why Alts showing some relief bounce especially btc pair alts. Soon we will update the BTC.D chart and some good altcoins in BTC pair (TA+FA wise) which gave us 2x-5x profit in the upcoming altseason.
Stay tuned and pin our channel top.
Update on Bitcoin Dominance in a daily time frame:
BTC dominance got rejected from the resistance level which is between 47.49 to 49. This rejection was almost -6% and may fall further up to 40.46 which will be another -10% drop. This drop will give room for the altcoins to grow.
But if the dominance manages to bounce back from the current level then things may turn out different.
Looking into the chart, we are biased on the bearish scenario of the dominance keeping in mind the bullish scenario as well.
Stay tuned for more updates.
BTC dominance got rejected from the resistance level which is between 47.49 to 49. This rejection was almost -6% and may fall further up to 40.46 which will be another -10% drop. This drop will give room for the altcoins to grow.
But if the dominance manages to bounce back from the current level then things may turn out different.
Looking into the chart, we are biased on the bearish scenario of the dominance keeping in mind the bullish scenario as well.
Stay tuned for more updates.
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BTC is breaking Out! Do you think $70k or beyond is coming?
Anonymous Poll
83%
YES Bull Market is not over yet!
17%
NO We are done!
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Ask for address and amount while joining. We want to save every single penny of your hard earned money.
We value our brand your money at the same time.
Thank you
Weekend update: SHIB HAD THE WHOLE WORLD On The Edge of Their seats With an Epic run TO A HIGH OF $0.0445 Then a sell off but still holding at $0.04 Bitcoin is trending back to over $62k and holding the $60k level nicely. Also the weekly close is above $60k which is quite good. Now we might see a new ATH this week. And Ethereum is holding strong support at $4k, doge is getting back over $0.25 to $0.28.
XRP/USDT TA ANALYSIS:-
XRP is bouncing from it's major support zone which is at $1.01-$1.08. Also, there is a 100D MA at around $1 which act as a good support. It is also forming a ascending triangle where the breakout is still pending. As soon as it breaks out from the triangle and hold the $1 support it can pump good. You can build your position now and if BTC taking more correction then you can add more in dips.
Also, FOMO will occur once Lawsuit settles and relisting on exchanges! So do not get left behind! Buy the fear!
SL:- If any daily candle closes below $0.88
XRP is bouncing from it's major support zone which is at $1.01-$1.08. Also, there is a 100D MA at around $1 which act as a good support. It is also forming a ascending triangle where the breakout is still pending. As soon as it breaks out from the triangle and hold the $1 support it can pump good. You can build your position now and if BTC taking more correction then you can add more in dips.
Also, FOMO will occur once Lawsuit settles and relisting on exchanges! So do not get left behind! Buy the fear!
SL:- If any daily candle closes below $0.88
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Pro Analysis
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Market update:-
Hello everyone, first of all congratulations to those who took the advantage of our 20% Flash discount offer on premium subscription and those who miss the chance this time don't feel bad be ready for the next time.
BTC UPDATE:- As of right now, the bulls are in control of the Bitcoin price, we are trending in a larger bullish channel . Also, daily close is good which is near at $63k. Normally when an ATH is breached the price will move much higher which will get us our potential target of the 70K+ psychological level. If BTC holds $61.8k support then we might see $70k this week.
Alts update:- As long as BTC doesn't take any rapid move alts perform good. Ethereum (shared in premium channel) is the leading indicator for alts. Ethereum is bullish overall so many other alts are going to outperform with ETH. We will soon share some good altcoins which gave us good profit.
Stay tuned and pin our channel at top.
Hello everyone, first of all congratulations to those who took the advantage of our 20% Flash discount offer on premium subscription and those who miss the chance this time don't feel bad be ready for the next time.
BTC UPDATE:- As of right now, the bulls are in control of the Bitcoin price, we are trending in a larger bullish channel . Also, daily close is good which is near at $63k. Normally when an ATH is breached the price will move much higher which will get us our potential target of the 70K+ psychological level. If BTC holds $61.8k support then we might see $70k this week.
Alts update:- As long as BTC doesn't take any rapid move alts perform good. Ethereum (shared in premium channel) is the leading indicator for alts. Ethereum is bullish overall so many other alts are going to outperform with ETH. We will soon share some good altcoins which gave us good profit.
Stay tuned and pin our channel at top.