Yes, it is dull to make predictions, so I will make one. DYDX USDT First the last drop of the cycle -50% Then moon
Something like this
Start $0,5 -> $2,5
Reversal $2,5 -> $1
Extension $1 -> $10
Reversal $10 -> $5
End $5 -> $55
This post is for entertainment only.
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Note
Some bad news tor the crypto industry appeared this week.
- The European Central Bank plans to eliminate Bitcoin and they usually do not joke around
- Jerome Powell's anticipated rate cuts led to an increase in interest rates not the opposite
- The DXY is climbing to new highs which is (usually) bearish for crypto
- This all is pointing to the downside for BTC and for sure for any Altcoin like DYDX USDT
As we anticipated another drop is coming for DYDX, confirmed by falling below the $1 mark. We should not buy into the falling knife and stay on the side lines until the bloodbath is over.
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