altcoinng:
“Bitcoin may fall to $12-9 thousand” Expert predicts market collapse

Bitcoin may fall in price to $12-9k, and Ethereum price will fall to $300-600, An expert wrote.

He called the current market situation “crypto-winter,” and predicted the final decline in price along with the unleashing of all geopolitical risks in Europe this coming fall.

“The market will be able to return to growth after the final decline and months of consolidation. Presumably, these conditions will be met by 2-3 quarters of 2023,” the expert predicted.

The expert cited stock market behavior and U.S. Federal Reserve rhetoric regarding lending rates and fighting inflation as major factors for the crypto market.

“When the fight against inflation is over, all markets will be able to move into growth,” The expert explained.

The current slight recovery in the bitcoin price is a technical rebound after Saturday’s drop, another expert added. He called the decline a reaction of the crypto market to the speech of Fed chief Jerome Powell on Friday, which confirmed the worst expectations of investors: the regulator intends to continue to fight high inflation by raising rates, despite the prospects of a slowing economy.

“Now we see a technical weak recovery of cryptocurrencies: in the short term bitcoin will be in the range of $19.5-21.5 thousand, as the main economic events for risky assets and global stock exchanges, will take place in the second half of September (Fed meeting, data on inflation in the US, etc.),” – concluded the expert.

https://altcoin.ng/bitcoin-may-fall-to-12-9-thousand-expert-predicts-market-collapse/

Goldbw122:

That is how your money would have been gone by now..

altcoinng:
“Bitcoin may fall to $12-9 thousand” Expert predicts market collapse

Bitcoin may fall in price to $12-9k, and Ethereum price will fall to $300-600, An expert wrote.

He called the current market situation “crypto-winter,” and predicted the final decline in price along with the unleashing of all geopolitical risks in Europe this coming fall.

“The market will be able to return to growth after the final decline and months of consolidation. Presumably, these conditions will be met by 2-3 quarters of 2023,” the expert predicted.

The expert cited stock market behavior and U.S. Federal Reserve rhetoric regarding lending rates and fighting inflation as major factors for the crypto market.

“When the fight against inflation is over, all markets will be able to move into growth,” The expert explained.

The current slight recovery in the bitcoin price is a technical rebound after Saturday’s drop, another expert added. He called the decline a reaction of the crypto market to the speech of Fed chief Jerome Powell on Friday, which confirmed the worst expectations of investors: the regulator intends to continue to fight high inflation by raising rates, despite the prospects of a slowing economy.

“Now we see a technical weak recovery of cryptocurrencies: in the short term bitcoin will be in the range of $19.5-21.5 thousand, as the main economic events for risky assets and global stock exchanges, will take place in the second half of September (Fed meeting, data on inflation in the US, etc.),” – concluded the expert.

https://altcoin.ng/bitcoin-may-fall-to-12-9-thousand-expert-predicts-market-collapse/

nsiba:
.

Experts my ass, same experts who Predicted Bitcoin to hit $100k last December

Binancian:


useless experts
stopped listening to them on crypto since 2017

Atikulated:
Dear distinguished,

I have a question regarding Paxful P2P exchange. I'm new on Paxful and have done my KYC.

A view of the market orders shows some USDT/NGN buy orders that are 20-30% higher than the going market rate of the assets e.g., there's an order to buy USDT for N890/$.

Meanwhile, the payment method is bank transfer. Some of these agents also have good ratings.

So, I'm wondering, why are the offers so high? What's the catch there that I am not yet aware of? Is it like Binance where some agents make deductions for transfer fees after listing high?

Someone should enlightened me before I take myself where I don't know.

Atikulated:
Dear distinguished,

I have a question regarding Paxful P2P exchange. I'm new on Paxful and have done my KYC.

A view of the market orders shows some USDT/NGN buy orders that are 20-30% higher than the going market rate of the assets e.g., there's an order to buy USDT for N890/$.

Meanwhile, the payment method is bank transfer. Some of these agents also have good ratings.

So, I'm wondering, why are the offers so high? What's the catch there that I am not yet aware of? Is it like Binance where some agents make deductions for transfer fees after listing high?

Someone should enlightened me before I take myself where I don't know.

Atikulated:
Dear distinguished,

I have a question regarding Paxful P2P exchange. I'm new on Paxful and have done my KYC.

A view of the market orders shows some USDT/NGN buy orders that are 20-30% higher than the going market rate of the assets e.g., there's an order to buy USDT for N890/$.

Meanwhile, the payment method is bank transfer. Some of these agents also have good ratings.

So, I'm wondering, why are the offers so high? What's the catch there that I am not yet aware of? Is it like Binance where some agents make deductions for transfer fees after listing high?

Someone should enlightened me before I take myself where I don't know.

Hotice085:
PI is this Pi is that .......see u guys in December

Goldbw122:

Bro I have the same problem, I have try to reach out to them on Twitter and Facebook, they will always tell me that they are working on it but nothing is done, I don't know what is wrong with them?

Geovanni412:
Result of btc short i opened today so far:

Kingsteve:


I've been shorting too via BTCDOWN
2.43% in the bag for the day.

My own be say, any direction BTC decides to go, I will follow it.
I am not just a bullish trader...I trade the trend.
All thanks to leveraged tokens, if not, na look I for just dey look, while waiting for buying opportunities which are limited and risky at this moment.

Geovanni412:


It is what it is. Buying opportunities fit come by 17k level - the problem is not btc, but the general world economy. This Russian- Ukraine war is bringing everybody to their knees. Uk inflation level go soon reach 20 %, a whole Uk.

Hadizometer:
Pls, what is the most probable support for Bitcoin?

Born2conquer:

Coin dropped from 24k to 19k increase to $20,230 you talk sey Pump has begun?

It's a fake pump to trap those that want to long

Just chill

Atikulated:
Dear distinguished,

I have a question regarding Paxful P2P exchange. I'm new on Paxful and have done my KYC.

A view of the market orders shows some USDT/NGN buy orders that are 20-30% higher than the going market rate of the assets e.g., there's an order to buy USDT for N890/$.

Meanwhile, the payment method is bank transfer. Some of these agents also have good ratings.

So, I'm wondering, why are the offers so high? What's the catch there that I am not yet aware of? Is it like Binance where some agents make deductions for transfer fees after listing high?

Someone should enlightened me before I take myself where I don't know.

Geovanni412:


The current zone has NOT yet been broken, so consider possible buying opportunities around it say by tomorrow or Thursday. around this time, market will SHOW if it is going into full-on trend or RANGING for a while longer. I closed my short position because of the possibility of the market ranging at this area till Friday. The next zone after the current price of 19.6k is 17.6k- 18.6k.

To calculate zones, simple way for BTC and ETH : every 10 per cent drop from the swing high is a new zone. BIG drops are usually abt 40 percent from the swing high and rarely happen too often. Example : BTC dropped from a close of 31300 on 7 jun 2022 to close at 17960 on 17 jun 2022. If you do the maths...that is a difference of 40 percent from its initial close on 7 Jun. A similar thing occurred if you check the chart from 7 march 2020 -15 march 2020.

Elliotwaveforec:

Fibonacci level 38.2%

Evaloyal2J:
I have some persons who have been taking ROI from omegapro consistently since 2020. I have attended their meetings and events and they seem to know what they're doing, having an exchange, broker and bank.
Please what is your thought on this omp? Please an honest opinion would be appreciated. Thanks

Hadizometer:

What does it imply?