Billions are coming into crypto

ANALYST SAYS BILLIONS COMING INTO CRYPTO IN THE NEXT FEW WEEKS, ASTRONOMICAL GAINS ARE TO COME

BTC TOP 3

EXPECT BILLIONS COMING INTO CRYPTO

Boxmining, a known crypto influencer in Asia, has received intel saying billions are coming into the crypto space in the next few weeks.

This tweet has then gathered mixed reactions from netizens. Here are some of them:

But here’s a hopeful one. 🙂

Sources for this rumor are not yet disclosed but we will keep you posted.

MEGA BULLISH BITCOIN, IS THIS FOR REAL?

We’ve been hearing a 3-digit Bitcoin for ages now. But how near are we to reality?

Plan B even tweeted this:

BTC MUST-WATCH LEVELS

Now for the technicals, here are the levels we need to watch out for continued bullish momentum in the market.

According to analyst Crypto Michael, the levels between $56k and $59k are very important support levels to hold. Dropping below $56k means failure of a breakout to the upside, leading to massive corrections.

On the 4-hour chart, BTC is still in a range-bound construction where we need to have a break of $64k for continuation to the upside. Breaking $64k will result in a pretty bullish expansion as there is no level left in between, only a clear breaker towards a new all-time high.

ETH/USDT is showing more strength but having the entire run from $2.6k to $4.6k looking like the run we had last year could be an indicator of having a corrective move relatively soon.

$4.9k ETH is still very doable, but it seems likely to have a correction right after that area before starting the final cycle of the markets.

On the BTC dominance chart, the double-bottom pattern is invalidated as charts are dropping, signaling the start of an altcoin season.

Trader/Analyst TheMoonCarl found another probable pattern on the BTC dominance chart that could be a descending triangle which would then lead to astronomical gains.

*Descending triangle is normally a bearish pattern but in the case of BTC dominance, this is definitely bullish for the alts! If Bitcoin continues to consolidate and goes sideways for a while, we might be seeing more and more altcoins going parabolic.

Hold tight on your bags, we’re going to the moon!


ABOUT THE AUTHOR

Elisa A.

Elisa is our Head of Market Analysis at Rocket Crypto X

You can join her Slack channel to get real-time updates from the top Crypto influencers.

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