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Argentina War Chronicles
Crypto Newbie
03-07 00:59
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The non-farm payrolls report was disappointing, US stocks crashed, and Bitcoin and ETH led a sharp drop in the cryptocurrency market, almost erasing all of the gains from the previous day. In the past week or so, Bitcoin has experienced three single-day surges of around 5000 points, followed by repeated declines. This is a blatant example of bull traps followed by distribution and short squeezes! The prediction in the article published on March 2nd is increasingly likely to come true: Bitcoin and ETH will first experience a slight rebound, then continue to fall, touching the lower Bollinger Band on the monthly chart. Bitcoin is expected to reach around $54,000, and ETH around $1350.
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BTC
-0.16%
ETH
-1.67%
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