Starting the new week positively and rising above $65,000 BitcoinIt fell to $63,000 after the SEC sent a Wells Notice to the US-based cryptocurrency platform Robinhood.
While volatile movements continue in Bitcoin famous economist Henrik ZebergA new post came from .
BTCStating that a correction would be healthy after reaching the ATH of over $ 73,000 and predicting the decline, Henrik Zeberg explained the factors that will ignite the rise in Bitcoin and cryptocurrencies.
At this point, he said that low bond yields and the weakening dollar index (DXY) against foreign currencies will create a “great environment” for risk assets such as Bitcoin and cryptocurrencies and start the rise.
Apart from Bitcoin and crypto market comments JASMY He stated that he expected a big rally in the altcoin named.
Stating that MACD and RSI indicators point to an increase for JASMY, the famous name pointed out that 400-500% increases have been seen in JASMY in similar situations before.
“Bullish Crossover on MACD
RSI is breaking the downtrendWe’ve seen this before….. right before the 400-500% rally.
I expect this move to be BIGGER!”
JASMY continues to trade at $0.0195 at the time of writing.
Bullish Cross-over on MACD
RSI breaking downward trendWe have seen that before….. just before the 400-500% Run higher.
This time, I expect the move to be BIGGER!
All onboard? #JasmyFather 😉 pic.twitter.com/N8CExpXfYN
— Henrik Zeberg (@HenrikZeberg) May 5, 2024
*This is not investment advice.
For exclusive news, analysis and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price monitoring now by downloading our applications!