Market Correction Could Push Bitcoin to $47K

Visit this link to make money with cryptos with our Expert trading team and get a chance to win Free bitcoin and other cryptocurrencies - https://telegram.me/btctradingclub

The crypto market may have further to fall according to one prominent technical analyst who has fingered futures traders for exacerbating the losses. 

Bitcoin prices could potentially drop to around $47,000 in this market correction, according to technical analyst Willy Woo.

That scenario would result in an overall retrace of 36%, which is also not unheard of in bull market cycles.

On July 8, Woo posted a market overview to his 1.1 million followers on X, concluding that markets had entered a macro consolidation phase but had not ruled out further drops.


72% Profit on #MDX/USDT for our Members on Binance /Bybit/OKXX/Kucoin/Bitget

We don't charge any commissions or any tips - We simply believe in providing the highest quality signals for the trading community.

Trading on #Binance Futures is very profitable and traders from across tQQhe globe knows it.

Be amongst the TOP Binance Futures Trading Group like other huge number of traders.

Come and join our Binance Futures Group and make profit with Binance Futures BOT.

Comments

Post a Comment

Popular posts from this blog

Can DOGE Hit $1 in This Market Cycle

Explore the provided link to secure a consistent profit in Binance futures trading. Receive complimentary Bitcoin trading signals and leverage the Cornix trading Bot for optimal automated trades: https://telegram.me/btctradingclub. With the rising number of memecoins entering the market, Dogecoin’s DOGE tickers down $0.16 strong community could keep the cryptocurrency from fading into obscurity, but analysts are skeptical of traders' hopes that it could reach a price of one-dollar this cycle. Non-Stop Profit for our Members on Futures/OKX/Bybit & KuCoin. We are dedicated to delivering the highest quality signals to the trading community. Trading on #Binance is highly lucrative, and traders worldwide acknowledge its potential. Join our Binance Group to become a part of the top Binance Trading community, just like numerous other traders. Come and join our Binance Group and profit with the Binance Futures BOT
Read more

SHIB Jumps 15% in a Day, BTC Stable at $68K

Image
Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades – https://telegram.me/progrouptraders Visit our website - https://binancefuturessignal.com/ Download our free app and receive signals on your mobile – https://play.google.com/store/apps/details?id=com.signalBroadcaster.BinanceFuturesProSignals SHIB and WIF are the top gainers from the larger-cap alts. Bitcoin’s price has been on a wild ride in the past few days, first heading north to over $70,00 before it dumped to $67,000 a day later. The altcoins have recovered some of yesterday’s losses, and most have turned green. SHIB and WIF lead the pack from the meme coin realm with massive double-digit surges. Big profits made from this call Our Team accounts for the Best in the Trade market, with thorough understanding of the Market behavior and trends. We have a skilled team of full time crypto traders who excel in market analysis a
Read more

Binance records $2.4B inflows amid crypto dip buying

Check out the link for free Bitcoin trading signals: https://telegram.me/btctradingclub Crypto investors are still buying the dip following this week’s massive market rout, and this can be seen in exchange flows.  On Aug. 8, on-chain analytics platform Lookonchain reported that the world’s largest crypto exchange, Binance, experienced a net inflow of $2.4 billion since the market dip on Aug. 5. It added that the majority of that was in stablecoins with an inflow of $1.33 billion in USDT and $519 million in USDC. This suggests that retail has been buying the dip, it noted. “Some investors appear confident in the market and are buying the dip.” 225% Profit on #MEW/USDT for our Members on On Futures, OKX,  Bybit, Kucoin Our members enjoy continuous profits on Futures, OKX, Bybit, and KuCoin. We are committed to providing top-quality signals to the trading community. Trading on Binance is highly profitable, and traders worldwide recognize its potential. Join our Binance Group to be part of
Read more