Bitcoin Updated May 30th, 2021

in LeoFinance3 years ago (edited)

BTCUSDJ.JPG
Since I observed the Bitcoin market trend, my fear to put my order is decreased. This last time there is no negative news about crypto.

I notice that every month there is a cycle of Bull run as well as Bear such as buy season every 23rd, 24th, 25th per month, and sell season is around 10th, 14th per month.

If today's market follows the previous trend, I have strong assurance that we are in buy season.

This is my price prediction and Analysis for the next 2 couple of upcoming weeks.
BTCUSDJ.JPG

What I found is that Bitcoin is forming a double bottom at 33k which is a bull run sign. In case Bitcoin does not respect the previous movement, so, the Bearish trend is around the corner. The investors and the traders may lose their money because I think that I am not alone with the halving on the #BTC. In my opinion, Bitcoin will rise up to 50k in June before it will make a correction the same month when it will accumulate the supply on June 10th-14th around.

Let's see if it will break out 40k the Neckline which is a buy entry point.

Disclaimer: The information is not financial advice.

Thanks for reading my article.

Fetinafety

Original Post:https://www.publish0x.com/welcome-to-this-amazing-website-my-friend/bitcoin-updated-may-30th-2021-xrykrvl

Posted Using LeoFinance Beta

Sort:  

Hello @africaandcrypto! This is @indayclara from @ocd (Original Content Decentralized) team. We saw that you already posted your first post here in Hive! Congratulations and welcome! However, it would be awesome if you do an introduction post. As a sample of what an intro post is, you can refer to this intro post for reference:

Let's Rock On for the Second Time Around — Introduction | Kenn

There's no specific format on how you do your intro post, but there are some suggested content that we would love to see in your post. Information like who are you and where you're from, how did you discover Hive or who invited you, what types of content you want to see here and the types that you want produce, and what are your expectations in this platform. There's no pressure on this. You can choose on whatever information you would like to share.

If you're interested in other communities, you can check out this.

If you have questions, you can hop into Discord server and we'll gladly answer your questions.

Feel free to tag me @indayclara for your intro post and use the hashtag #introduceyourself.

Congratulations @africaandcrypto! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You received more than 10 upvotes.
Your next target is to reach 50 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out the last post from @hivebuzz:

Feedback from the June 1st Hive Power Up Day
Support the HiveBuzz project. Vote for our proposal!