ATTENTION ALL CRYPTO HOLDERS!!!!
this is an urgent crypto update I have
some really good news and I also have
some bad news in this video let’s talk
about the crypto Market where we are
headed in the shortterm and in the long
term and much more so make sure you guys
give this video a thumbs up and that you
stick around to the end of this
[Music]
video something very interesting is
happening so cryptos did bounce up last
week we had a very strong B bounce but
since then we’ve come down we are
forming higher lows of course which is
bullish this is good this is what we
want to see but Bitcoin is holding at
this key support level which is around
$60,000 if Bitcoin were to lose this
support which is actually quite
possible we would definitely get a
further correction probably down to like
52,000 and then I’m thinking at the
lowest 44,000 these are potential price
targets for Bitcoin to reach in the
short term which if this were to happen
we could probably see a even bigger
pullback and correction in the altcoin
market but here is the good news and
here what is actually bullish there’s
something bullish now ethereum is it’s
been pumping this weekend and it’s
bouncing much stronger than Bitcoin and
not only ethereum but the whole altcoin
Market as well which we can understand
and see by the total total two so this
is the total crypto Market excluding
Bitcoin this is the whole total crypto
market cap the altcoin market cap
essentially and then we have total 3
which is excluding ethereum a little bit
weaker but overall total 2 is looking
more bullish than Bitcoin you see how
Bitcoin has this steeper pullback while
ethereum is not getting that steeper
pullback it’s actually pushing higher
this is bullish for altcoins but if we
take a look at total two we are forming
of course
higher lows and this is really good this
could mean if we are taking a look at
the Bitcoin dominance which is actually
crashing going lower it did Peak out
around 14th of April which is a good
thing by the way for altcoins when the
Bitcoin dominance goes lower guess what
that means more money is rotating from
Bitcoin Bitcoin profits into altcoins
and this is good for us if we hold
Dogecoin xrp all these other altcoins it
just means that Capital rot are taking
place from Bitcoin to altcoins if we go
to crypto bubbles we can see a lot of
very important altcoins are up massively
today ICP Lia uh op coin maker Pendle
bgb a lot of cast uh woin ethereum Gala
a lot of coins a lot of altcoins are
actually in the green today especially
this weekend so Bitcoin dominance looks
like it is losing it’s losing traction
and the deeper Bitcoin dominance goes
lower the stronger these altcoins are
going to be getting against Bitcoin
which means we could see an altcoin
season very very soon which means
altcoin season is when altcoins go
absolutely crazy like massive pumps we
see the do Dogecoin pumping again
dogcoin is pumping again catcoin is
pumping again so we could actually be
heading into this so it’s going to be
interesting is Bitcoin if Bitcoin
continues to hold strongly at this
support here uh even if it comes back a
little bit lower as long as it can hold
this key level here altcoins in my
opinion could have a really strong
chance of making some new highs making
some insane gains so this is the bullish
news I’m not sure if this is actually
going to happen if this scenario is
going to happen but we are seeing a lot
more bullish factors than bearish
factors right now and it does look like
Bitcoin obviously is looking a bit weak
we had all that war fud which is what
essentially brought the prices of
cryptos down that is starting to look
back
but there’s still uncertainty out there
we also have high inflation that’s
another factor which is pushing cryptos
it’s pushing stocks down we are starting
to see a strong bounce in the stock
market and at the same time uh the
dollar the dollar does look like it does
want to pull back a little bit and
correct so all of these factors together
is showing more bullish things than
bearish but understanding these this
whole picture here we could yes correct
a bit lower and I wouldn’t imagine it’s
going to be much more more lower I don’t
foresee a major a major massive crash
for Bitcoin because the biggest crash
we’ve seen for Bitcoin is 20% to 30%
maximum the past couple of years and
Bitcoin has already about corrected 20%
so I do think that we are actually more
so at support more than likely to be
bouncing up here in the short term then
we are actually correcting much lower
and staying lower even if we do get that
correction lower it’s actually going to
spike and bring more volume which is
going to create a bigger balance which
can actually trigger this next leg up in
the Bull Run for all cryptocurrencies
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10 Comments
Welcome back bro haven't seen you in a while. Don't know why we listened to you. We are getting absolutely slammed in our portfolios we should have never believed you that things would be okay
Good news… it could go up
Bad news… it could go down
All of our doge positions are down massively and it would take it going up just to make it money back. Hope they don't sell the moment we break even 😔
Caw, Caw ❤❤❤❤❤❤
It’s about to go down a lot more. To many people in the market!! It’s going to take ant turd soon.
If the dog didn`t have to take a crap he would have caught the rabbit ……
Can you review on tuition coin?
EVERYONE SELL YOUR DOGE POSITION!!! ITS GONNA CRASH EVEN FURTHER
Doge is a bum
Always pay attention to Dollar Index. Cryptos tend to work inverse of Dollar Index, therefore we want index to be lower.