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BITCOIN 40% PRICE CORRECTION EXPECTED..??
as reported in BITCOINIST ,The recent surge in Bitcoin (BTC) prices, pushing past the $52,000 mark, has ignited a wave of optimism within the cryptocurrency community. Visions of a six-figure future dance in investors’ heads, with some analysts even proposing a $150,000 target.
however Michaël van de Poppe, a renowned cryptocurrency analyst, predicts a potential 40% price correction before Bitcoin embarks on its ascent to glory....
Poppe’s prediction hinges on the notion of market sentiment overshooting reality. He argues that emotions often drive prices to unsustainable highs, creating ripe conditions for a pullback. “Sentiment is always a wrong indicator,” he emphasizes, highlighting the tendency for overly optimistic projections to fuel price bubbles.
For long-term investors, however, the predicted correction could present an attractive buying opportunity. Poppe suggests waiting for the 20% to 40% dip before entering the market, allowing them to capitalize on lower prices and minimize emotional trading...
Whether Poppe’s 40% correction prediction materializes remains to be seen. However, his analysis serves as a valuable reminder of the inherent volatility within the cryptocurrency market.
#btc #gatelearn 🚨ALARM 🚨 ALARM 🚨 ALARM 🚨 ALARM 🚨
🌟THE RED DEVIL IS COMING VERY SOON
💥Bitcoin have really did well in this month of February and the bull run that technically started on 23rd of January have really maintained a high frequency till today. Many Altcoins benefited and also pumped high and we even recorded new all time highs which is impressive but..........
💥Anyone who have been following my posts will know that we are yet to get a prediction wrong, infact any trader who followed our posts since this bull run is currently ahead of cryptocurrency because everything happened the way we cited. (you can check our posts and dates)
🌟NEW ALERT: THE BIG DUMP IS COMING.
we told you that it will start on 17th of February and we all knew Bitcoin dumped on that day to 50,496 from 52,700, but later recovered. The expert traders know that was the signal showing that the dump have already started, not minding we have "Greens" everywhere, so IT'S TIME TO TAKE YOUR PROFITS.
💥Take all your profits before 22nd of February, the bull run will no longer be guaranteed from 24th of February, taking your profits earlier puts you in a safe box. Do not put your hopes on words of dreamers who believe Bitcoin will hit 55k. we came all the way from 43k to 52k, that should be enough, don't lose your money on flimsy unguaranteed hopes. Bitcoin exceeded the 50k mark earlier than it should and this will count on how low it will go during the Dump (my prediction is 46k).
🌟ALWAYS REMEMBER :
🟩GREEN means time to take out our money
🟥RED means time to invest in our money
STAY SAFE 💜💜
#gatepost #bitcoin #btc $BTC $ETH $SOL
🛑🛑🛑BTC Urgent urgent urgent update🛑🛑🛑
1️⃣ As I expected, BTC is permanent. After every dump, a strong pump comes to BTC and it demolished the beginning of the 50600 area, then 51100, then 51800, until now it has reached the 52450 area.
2️⃣ Of course, no one provided this analysis last night. I also told you that the night ETH closed at 2759, it was good, it was not negative. What happened? ETH rose to 2911 today.
3️⃣ BTC is now targeting 52300, also the very important area 52800, but this is the beginning of the new week, so we are expected to see a candle formation similar to the candle of the previous week.
4️⃣ Also, ETH has a target of 2950 and 3000, and the last target is 3200. Any currency linked to the ETH network will begin to rise, such as arb, and there are other currencies similar to this network. This week will have a stronger impact than the week before.
5️⃣ There are still alternative currencies that have not risen, and it is possible that we will see them rise in the coming days or during the period of this week, specifically Wednesday or Tuesday. Finally, be careful of the market and do not be ignorant. I provide this information to help people every day to know the risks of the market and the fluctuations that occur on days that do not rise. We know the path of the market
#gatelearn Subscription offer for one day, 8.8gt
Really will not adjust, Ether made up again, for many days in a row prompt not to let short, only do pullbacks and long orders, pullbacks to do, do not callbacks first hold the Spot to watch the show, the Big Pie more than 50750 orders in the morning before yesterday also made a profit, or the point calculated by the coin master works, the trend of the market is more confusing, and the direct point is comfortable to do a single point
Spot will make up for the follow-up, please hold it
Spot recommended some time ago CSAS0.01 around the entry profit of more than 60% sols let the maker order 1.2 enter the market also profit 30%,
The other recommended spot coins all have different gains #HotTopicDiscussion##NewYear2024##ContentStar##GateioTurns10#