Bitcoin Breaks 80K, Ethereum surges 7% Bull run incoming?

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Krylox

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Market momentum is building, but is this a real recovery or just a short term rally ?
whats next breakout or correcrtion ?
share your prediction as an suggestion.
 
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One good week doesn't always mean a bull run is starting. I'd keep an eye on trading volume and whether BTC and ETH can hold their gains over the next few days. If the momentum stays strong, that would be more convincing than a quick price jump.
 
rubaybella1 said:
One good week doesn't always mean a bull run is starting. I'd keep an eye on trading volume and whether BTC and ETH can hold their gains over the next few days. If the momentum stays strong, that would be more convincing than a quick price jump.
Click to expand...
you say stay keep eye on crypto marketplace to take a good decision ?
 
Sadly 80K didn’t seem to have hold, we’re back in the mid 70s range. I feel like there a decent floor build up in the 70s though.
 
Could go either way. I’d watch trading volume and whether BTC holds above key support levels before calling it a bull run. A few strong days don’t always mean a sustained recovery.
 
It feels like a real bounce with higher volume on TradingView, but a regulator shock could still make it a short rally.
Check the 200 day line for a breakout and brace for a pullback if sentiment flips.
 
Krylox said:
Market momentum is building, but is this a real recovery or just a short term rally ?
whats next breakout or correcrtion ?
share your prediction as an suggestion.
Click to expand...
I believe it's a short term rally, we need more time to determine if it's a bull run or not.
 
When the markets will crash because of the massive amount of debt + inflation + AI bubble bursting then bitcoin will crash too. I learned this in winter 2020 that bitcoin is not an uncorrelated asset and later at 2021 that you cannot predict the future by looking at the past.
 
80k didnt hold lol, back in the mid 70s already. honestly that tells you more than the breakout did, the hack didnt kill it and theres a floor building in the 70s. if that floor holds this was just a shakeout
 
And here we are, back under $70K. :(

Pretty good buying the dip opportunity if you ask me though, especially for BTC.
 
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