GM! BTC dumped to the support at 18200 after the fed news, where it found support to bounce back above 18500 but any dump with volumes below 18k will surely lead to 16k levels. This will open the gates for 12k-14k levels. Support at 17500-16200 for now! cryptocurrency
ETH has become more volatile than BTC after the merge event got finished. ETH broke the strong support at 1280 but has held the local support at 1220, if this is broken then we will find support at 1k. Downside risk looks bigger than the upside potential. cryptocrash
altcoin rallied in the past few days but since yesterday they are on heavy correction mode. I would stay cautious here as both BTC & eth have turned very weak by testing their support levels. Hold & DCA quality coins. My reco of the coin is same as before for 2-3 years!
I won’t change my bag for the next 2-3 years. So it remains the same. BICO DOT MANA MATIC LRC THETA BIT OCEAN CAKE FTT BNB BCUBE RARI NEAR MOVR GALA are my best bets for the next bull cycle in 2024! Crypto cryptotrading 1000x 100xgem Cryptocurrency
Summary: BTC & ETH are getting more & more weak everyday. They will test their new lows of the year sooner or later. It’s a great time to buy quality coins at great discounts. The bull cycle will start by end of 2023. Until then there won’t be much action. We still have time!This post is based on this twitter thread.