Why Crypto Market Dumping Hard? Will it Ever be an Altcoin Season We'll See

in LeoFinance16 days ago

Hi Inleo Friends.

Bitcoin:-

What is the reason for this sudden dump in the market and why are people worried now and are forced to think that this time we may not see an altcoin season and how much Bitcoin price can go down at this time? We will discuss them on special topics, so here we saw that there was a news that there was a case against Trump which was going on since 2018 and now this case is being heard and it is being said that if Trump is if he loses the case if he is not able to become the president in the near future,

It will be very bad news for the market and the market may see us going even lower from here. Due to the same news, we saw the price of Bitcoin rise a lot, but it is completely wrong that this time Altcoins season will not come. Everything is happening when Bitcoin breaks its all time high. If he has gone, he will bring all these things in eight to 10 months we will see things changing and the exchanges are taking their profits so the dump here this time is due to the same news as the bitcoin.

Bitcoin is giving its candles above 90 thousand till then we have nothing to worry about. And here the most dangerous thing for us will start when bitcoin starts closing below 90 thousand then we can see its price up to 86 thousand and if more dump then we can see 80 thousand. But it may also look bullish, but first we will get closing daily of candle below 90 thousand then we will see these things happen. There will be some special meetings and after their results things will start to be understood and in two to four days the news will become old then the market will start to reset and if everything continues to reset. So when Trump comes in 19 or 20, we will see a good pump.


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AltcoinSeason and Bitcoin Dominance:-

At the moment we are seeing that the whole world is worried because if we look at the history, now we should see prices much higher from here. And some things are changing, so the good news here is that Trump, who he is, supports crypto, so in the near future, we will see that the market will definitely go up and people who have been in the past three years.

They are waiting and should be rewarded because those guys are pretty much crazy right now because the market isn't performing that way this time around, so the next six months could be special. It can be seen doing more than that, so speaking of Dominance, it has once again come to its support and we cannot make the next prediction until the Dominance goes below 54.78.

The support is 58. No worries people are thinking that altcoin will not go up this time, it has never happened before in history, it will not happen now and everything will be the same as before, but this time we will definitely see some time change.


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Ethereum:-

At the moment most people are buying this coin because it was a coin that when the price of Bitcoin went up it would necessarily go up but this time we don't see that happening and we don't even see its price breaking its all-time high yet. Bitcoin has gone so people are very worried about it so I would like to say here that this coin is very good and in a few months.

Bitcoin will also perform much better so people here don't worry at all and as soon as it reaches its 3100 support then you must buy it here because it will go to 3700 and then 2000 again in a few days from Aram. Let's see and if above 4000 it gives us daily closings then after that we will see it break its all time high.


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Hive:-

My prediction about this has come true, you can see my post from 12 days ago I said that if it gives us some day candles above 40 to 50 cents then it will be a big bullish sign for us and of course, we have seen it happening, my previous prediction also came true, you can see my posts, they are still here on this platform, so I said the same in this prediction. that if the daily closing is found, then it will see us at 61 cents and then at 66 cents.

At this point, its all-time high it made a few days ago is 68 cents, so my prediction here is complete. If that's true, if we look at the support here, we have one that's 45 cents, and the other one is 48, uh, 15 cents, so we should start buying it here because that's what we need this time. Looking at 96 cents and 72 cents in the next few days as the market corrects a bit.

Ronin:-

This time again we are looking at our support so its support is Aria 84 and index is 80 so we must buy it here after that if we see it well inside the daily. If it is given for a few days, then we will see it falling to two and a half dollars again, so the condition of the market at that time is that we can certainly get some profit by scalping here, but we have not invested all our money in scalping.

Investing is only scalping we should start with 100 dollars when we understand things we know each and every thing then only after that we should invest more money because here chances of loss can be more if we do future trading. If there is, there is never a loss in support. One day, everything will be recovered.

Who is djbravo?

Djbravo real name is Asad-chughtai and i am from Pakistan. Asad-chughtai is an writer, blogger, crypto trader, and nature lover. My goal is to share these special places and natural sights with all of you.

Read my latest blogs.

https://ecency.com/hive-194913/@djbravo/oofmjzcbaz

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