Federal Reserve Cut Interest Rate 25 Bps But Why Bitcoin Dumping Hard ?

Here we are again with our one week report on the crypto market and what we can see happening this week so what was the special event of the crypto market and what people are thinking. That's exactly what we've seen happening, but then why do we see the market going down because whenever the interest rates are low, people are more interested in the crypto market and any market like that. People invest money if we do, then why is this happening, then here we see that once again a lot of living positions were opened in the market,

That's why we have seen this good news turning into bad news, that's why we notice that two days ago Bitcoin made its all-time high and the market has seen us drop 7 thousand dollars. All the new users who don't know anything and are very worried at this time, so here I would like to say that if you guys don't trade futures, then there is no problem in the market. Survive will be seen as this news is very good for the market and it is only done to liquidate the long position and we will see after two to three days the market will recover us again.

Will see now Here we are thinking that when should we take the entry then the candle should close above 15000 this is very important then the market can recover in four to five days. If that doesn't happen, the market could see us once again going up to 98 and where we could see the price of Bitcoin go higher this week. The closing also gets above its new all-time high, then we will move towards 115,000.

Here at the moment we are all waiting for the Altcoins season but we have seen that once again the dominance of bitcoin is starting to increase and once again from 54 55 it gives us one of our own. The resistance is being looked at so its rejection from here is very important. If it is not rejected from here then once again we will see Altcoins and more dumping. Still if we look at the market I have seen a 30-40 percent correction this week so what I am saying here is that the market has gone down a lot before and now it will start going up again.

If we look at the previous bull market chart of last bull run, we saw exactly the same pattern. And then it went down for six months continuously, so now the time is very near when we will see this whole procedure happening again. Where to market up if you give 10 x or give five x, you must book profit. From 58 and a half I see it rejecting once again and from here it needs to come down otherwise altcoins will once again see us at the same price as when bitcoin was at 55k so you guys.

Must see its dominance before taking your trade before investing it will help you a lot. The price of Coin and Ethereum cannot be afforded by poor people. As soon as we see here that Trump comes in, we may see the market go up quite a bit again and we're seeing the big guys who have a lot of money going into Ethereum right now. If you are starting to buy, this is where the Altcoin season will begin.

We have also seen the price of ethereum going down as the whole market has gone down even though it is a bullish news the market has gone down so it is not a matter of concern and for those who have USDT. So there's an entry being made here, 3617 was the resistance and it's right there, so there's an entry being made here, it's a must buy if anyone has $100. $70 should be invested here because it is a good sign when any coin starts reversing from its support. If you want to trade only for profit, then you have to book the profit in any case, otherwise you will never be able to get profit from here.

Two things are never lost in this market, one is those who have USDT for DCA, the other is those who are always getting more or less profit from the market, so here it is. Again, I will say that our Ethereum targets for this season are 8 to 10,000 and if Bitcoin is added to the reserve then these targets can go up to our 16,000 because of the market. That would be pretty good news because the market has been pumping steadily ever since the news broke about Trump.

My prediction turned out to be true. I hope you must have taken a profit here and after hitting the target, it has started down again and has gone down quite a bit because there it is. And people had a lot of orders for selling, that's why it has come down a lot. One reason is that the dominance of bitcoin has increased, so its price has come down a bit more. It's at 32 cents. To be stable should have and should have reversed from there but now it is down again so if we talk about its support now 25 cents and 24 cents is its support but if anyone wants to invest money here pass is a good opportunity and those who want to do it for some time put money here and take exit from your entry at 30 cents they will get a good profit and those who want to get more profit.

So you saw that there was a pump like that before, it came down and then the second time it pumped more than that, now it's the third time we'll see it pump this month and last month, so now we hope that from 70 cents can be seen going up. From here we can see its recovery, if there is no wrong news in the market, then the news in the market at that time is good, then the market table will start here, so entry must be taken here. Whenever we get a close above 62 cents, then after that it will see us go to 97 cents. At the next pump, I see it drop to 62 cents. Anywhere between 57 cents and 62 cents you can make a profit.

It's priced in a good spot right now and recent breakouts can be seen. Maybe the market is more bearish and we don't see the price falling that much, so this sign is telling us that it is very bullish now and it will cross three dollars in the near future. Is looking and then this After that it will go towards its all-time high if it gives us a two-three-day closing above $3. Two index 18 is its support and entries are made here, even then where it is standing, people take entry here.

People will see it going up to three dollars in a few days, so they will get a good profit. Why can because there are some people who trade daily so I am telling this for them and for those who want to hold it for a long time then my target for this bull market is from 20 dollars. By taking up to $50 and that's where we can see it going because their team is working pretty hard and their own exchange, Katana, is starting to launch new coins right now. Just like UniSwap.