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Topic: Achieve something from Buying at $90,000 & Selling at $100,000 this Month (Read 34 times)

hero member
Activity: 868
Merit: 952
I think these analyses take the $107k point as a reference point to set the decline and some of them take the analyses that predict that we will see $200k levels but it seems that the $90k barrier will be strong and not breaking it may be evidence that we will see more increases soon. In general, even if a correction occurs, it will be healthy.

Exactly the support at $90k is definitely key to an upward movement, when I actually thought the support would break below it was last month when we had a correction for weeks but since it hold at $90k after multiple knock off then it became my base support and the only thing I see breaking it would be a negative news to the economy. As for the resistance, the first resistance is $101k and should we bullishly break through it then we can simply go above the $120k this month,

As for the overall price prediction, $200k doesn’t look too realistic to me because I always see it that no matter how bullish we are bitcoin is definitely not that volatile again, as such I don’t see a 2x movement form this current price this year, rather I will predict a 1.5x as my predictions from the current ATH,
legendary
Activity: 2758
Merit: 4074
I think these analyses take the $107k point as a reference point to set the decline and some of them take the analyses that predict that we will see $200k levels but it seems that the $90k barrier will be strong and not breaking it may be evidence that we will see more increases soon. In general, even if a correction occurs, it will be healthy.
hero member
Activity: 812
Merit: 560
I saw this yesterday  on X from Btcalysis and I quote

Quote
Some people are thinking that bitcoin has already fell so much this year but bitcoin opened at $93,570 at the beginning of this year and presently at $93,600. That is still not a fall.
https://x.com/Btcalysis/status/1878702823682322724?t=IVdTbk6nrehvqfdabAjIHA&s=19

Then given it a second thought and going through my recent market speculation and how I've made some buys and sells within the few days of the year with the same pattern I've been using towards the end of 2024, i then discovered that truly the market hasn't fall, if we are to take into account on how we started the year to where we are in it today, I observed a strong supporting level from the market not to fall below $90,000 while the resistance level has been $100,000 respectively.

This shows that we are not going dip at all for now, while the market volatility remains more speculative in other for us to take more advantage in buying the dip, holding and selling as applicable by us and I see it as "best opportunity to DCA" within this period, "buying at each dip", we had $89,100 bear recently and today the market  is already up at $97,300 high.

Here's my little challenge in buying and selling within the few months that ends 2024 to 2025  and I still go on like that.



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