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When Will the Crypto Market PUMPED UP?

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sagor1233
79
13 days agoSteemit3 min read

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Assalamu Alaikum friends,
Hope everyone is well and healthy. It's been a long time since Bitcoin's halving. But still no such type of pump is seen in the market. Rather, Bitcoin is being dumped day by day. How long will this dump of Bitcoin continue, traders are extremely disappointed. Even those who are HODL'rs are worried whether Bitcoin will actually pump. Today's blog is written to dispel this thought. I will share in this blog today, when the crypto market will pump. Let's start without delay:-


First, let's take a look at the current price of Bitcoin and how it has behaved over the past 24 hours. Because, as a result, it will be easy to understand where the movement of Bitcoin is going. Then keep an eye on Bitcoin's weekly candle. The weekly candle gives the biggest signal, the next movement of Bitcoin. So if you want to know these movements of Bitcoin, you need to know these things first.


Screenshot_252.png
Source:- Binance

We can see in the 1-day candle of Bitcoin that there are sometimes ups and sometimes downs. This kind of manipulation in the market can be seen in two cases.

  1. When the market gets dumped
  2. When the pump comes to market

Since the market is already dumping, it can be said that the purpose of pumping the market is to force traders to panic sell through such manipulations so that the whales can fill their bags.


Screenshot_253.png
Source:- Binance

In today's 24 hours, Bitcoin opened its price at $64012, with a high price of $65,500 and a low of $63,343.


Screenshot_254.png
Source:- Binance

Again in the weekly candle, we can see that the market is starting to recover after the big dump in Bitcoin. This type of dump is very normal after halving. Because, due to the dump, the market goes deep for correction and starts pumping again after the correction.

As the weekly candle has started pumping after the market correction, it can be said that the crypto market will take its price to another level very quickly and that is right before our eyes. Since you have waited so long for this, keep waiting for a little more time. Good things await you, for all of us.


Published On:- 06 May, 2024



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