Cryptocurrency Market Is About To EXPLODE: INSANE New Bitcoin & Ethereum Prediction by Kevin O’Leary
In this video, Kevin O’Leary shares his INSANE new prediction for the cryptocurrency market. Bitcoin & Ethereum are about to explode, and you need to know about it!
Bitcoin and Ethereum are two of the most exciting cryptocurrencies out there, and Kevin O’Leary is convinced that they’re about to take off. If you’re looking to get in on the action early, then you need to watch this video! By the end, you’ll have everything you need to know to invest in this exciting market trend!
Although bitcoin reaches new highs, they are not favourable
As it approached nine red weekly candles, a fresh record high, Bitcoin had achieved eight red weekly candles. This fact is significant. Regarding the market’s current fear, which has led to historically low sentiment:
Mashinsky noted that JPMorgan is also becoming more involved in cryptocurrencies. JPMorgan’s remarks from the previous week had an impact on the market’s sentiment this week.
Even JPMorgan, which does not address cryptos, has released research this week due to the extreme level of fear. JPMorgan said that perhaps they overestimated the value of bitcoin and anticipated a rebound to the level of $40,000 from where we are right now.
The market momentum that existed on May 30 (when Bitcoin was close to $31,000) still prevails in cryptocurrencies today.
All digital assets now have a market cap of $60 billion, up $60 billion in just one day. The entire market capitalization of all cryptocurrencies climbed by 3% over the last twenty-four hours to reach $1.3 trillion. The price of bitcoin has also risen by 3%, and it is now worth $31,634.
The value of the Celsius token fell by 60% in May.
It is important to note that Bitcoin’s price fell below $30,000 at that time. Several pullbacks were seen across the sector as a whole. Journalist Jacob Silverman noted the trend using Celsius on Twitter. Since they had previously declared them, Celsius’s assets were down $5 billion under the new management.
As the token price started to fall, users noticed that the transaction was illiquid. This increased investors’ losses, even more, resulting in a severe 63 per cent loss for the CEL token over two weeks. Losses for investors grew as a result of this.
#cryptocurrency #explode
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5 Comments
<<What is the best way to make profit from crypto investing?
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<How can i benefit from crypto investment as crypto makes wave all over the globe?.
I have learned in recent months is to remain calm, especially when it comes to investments in cryptocurrencies. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses. The market is very unstable and you can not tell if it's going bearish or bullish. While myself and others are trading without fear of making a loss others are being patient for the price to skyrocket, I would say trading has been going smoothly for me i started with 17 BTC and i have accumulated over 28 BTC in just one month with the trading strategy given to me by expert trader Randy Marilyn.
People still listening to alex?