China has pushed back again on U.S. President Donald Trump's tariff policies by hiking its levies on U.S. imports to more than 80%. Tariffs on U.S. goods entering China will rise to 84% from 34% starting April 10. The hike comes in response to the latest U.S. tariff increase on Chinese goods to more than 100% that began at midnight. China is certainly not backing down from Trump's tarrif war 💀
Warned you guys 18 days ago that $ETH will go below $1600 AND it did! $BTC will also get to 76k eventually 💀
NotBroke
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Still pretty confident $BTC will break below $76k despite it holding $84k for a day now. As far as $ETH is concerned i am optimistic it will touch $1600. I said this in my last post and i stand by it. Time will tell 💀
🚨China hits back at US with 34% tariff on American imports in retaliation for Trump’s levies. Not good for the whole market as $BTC lost 2k just after the tariff news broke 💀
$BTC holding nicely means we will have a good next week. it is likely now that btc coming below 80k is unrealistic, "short term" offcourse. Bulls are coming in hard 👊🏻
Despite major pullbacks $ETH still is in a good area holding its value from the last four weeks. Long term offcourse looks BULLISH but short term NOT so much. Is $1600 on the charts 💀
Guys do not become a victim to FOMO. There is a chance for you to go all in once u learn patience. Market might be green but a pullback is immenent. Dont fall for this trap 💀
$TRUMP dude tried to manipulate market again but failed miserably after posting about it again on his truth social platform. You cant fool people again as the saying goes,"Fool me once shame on you, fool me twice shame on me." Looks like people have learned from their past 👊🏻
Remember Davinci Jeremie? A well-known name in the crypto world, has made a surprising prediction about $XRP . In a recent video, he said the cryptocurrency could climb to $20 or more, even though he doesn’t like it himself. Dont forget he is the one who advised people to buy $BTC in 2013 when it traded below $10. Will his prediction be true again? Fingers crossed 🤞
The “Weekend effect” in #Bitcoin❗ (and crypto) refers to the tendency for Bitcoin prices to exhibit distinct positive movements over weekends compared to weekdays. Specifically, Bitcoin and other cryptocurrencies often experience increased volatility, sudden price swings, or unusual price patterns during Saturdays and Sundays. Bitcoin and crypto markets remain open 24/7, allowing trading to continue without interruption. Some observed weekend trends include price drops or spikes late on Fridays, stabilizing on Saturdays, and another potential shift in momentum by Sunday evening or early Monday. However, only backtests, statistics, and data can confirm whether this is the case or not.
Reasons for the Bitcoin Weekend Effect may include:
Lower Trading Volume: Fewer traders, especially institutional ones, participate over weekends, leading to lower liquidity and increased price sensitivity.
Retail Investor Influence: Retail investors, who tend to be more active during weekends, may drive prices in specific directions based on sentiment or technical triggers.
Market Manipulation Potential: With reduced liquidity, it’s easier for large trades to influence prices, sometimes leading to short-term volatility spikes.
Global Impact of Time Zones: Bitcoin trading is global, and time zone differences can create pockets of higher or lower trading activity at different times.
For traders, understanding this effect is essential as it may provide opportunities for short-term strategies, although it also carries higher risk due to the increased unpredictability over weekends plus the lack of significant volume.
Has $BTC bullish reaction ended? Looks like it. being rejected at $87000 the bearish pressure could increase which could test the $75k-78k support area 🔴 as i mentioned in my last posts. Monitoring the daily trend is essential. Medium term anaylsis suggests a dump below $78k. Remember this is how i view it and it shoudn't be taken for granted. DYOR❗❗❗
$BTC has successfully breached its resistance and on its way to the $90k mark but remember it still has resistance on its way going up. FOMC meeting had a positive impact on both the stock and crypto market. Exciting week ahead.
FED interest rate decision and FOMC is due on Wednesday. With $BTC holding $84k mark from the past few days will we see an uptick and see a rally towards $88k-90k?
Still pretty confident $BTC will break below $76k despite it holding $84k for a day now. As far as $ETH is concerned i am optimistic it will touch $1600. I said this in my last post and i stand by it. Time will tell 💀
$BTC following the exact same pattern as i mentioned few days ago in my post. With a positive CPI report it pumped but with the recent tariffs in line it dumped again. A reversal below $77000 seems more immenent now. $ETH is also facing extreme pressure which could force its price to fall. Will we see Eth at $1600 soon? 👀
The latest CPI report has triggered the market into short term bullish mode with several alts pumping but remember with the tariffs in effect it is highly unlikely the market will stay bullish. Expecting a downtrend soon but if $BTC breaks and holds $85000 we may see a rally upwards but that seems unrealistic.
Dont be fooled by the current market sentiment. Market might be all green but its a bull trap. Still more liquidity needs to be grabbed on the down side as can be seen in the liquidation heatmap below. Im bearish on $BTC in the coming days. There might be pump but a dump seems more realistic.
🚨BREAKING: Over $1.9 trillion was wiped out from the stock and crypto markets today.
This is the largest market drop since March 2020, when the pandemic sparked a historic crash 💀
$BTC is at key support. Yesterday in my post told you guys if it breaks its support it might go down further. Looks like we are going down considering the current market sentiment. Bears have locked in harder
Bitcoin declining sharply from the last 24hrs hours has created panic with many losing hope of a pullback. Currently trading at $80k with support just near at $78k its quite possible we might break the support and head down to $75k but the liquidation heatmap says otherwise. A total of $584m were liquidated in the past 24hrs. Is this the bottom or are we heading down more?