BTC: What's Next? Every time I write, I apologise for not writing regularly. My reason for not writing is YouTube. I have found that I can make videos that explain my point spontaneously. Writing means careful thought - I am not complaining about that. Please feel free to check my channel @nosacapital. Bitcoin has seen a rise recently. And, of course, punditry is already spewing a $150k price range or more. I believe people need to calm down. One place to look is the current price action. The price, as of the time of writing, was $95206. While this is encouraging, BTC must break the $99k range before anything exciting happens. Here is why: first, we see an area of supply on the charts. Second, there is a confluence between the area of supply, the POC (point of control), and the Fibonacci retracements. Third, the BTC price action has trended sideways for the last seven days. In other words, the BTC price must exceed $99.6k before we expect an extended price rise. We will all need a lot of patience, vigilance, and discipline to keep us focused while we wait. Always remember, in crypto, change happens suddenly without warning. And as to when things might change, your guess is as good as mine. #nosacapital #BTCPricePrediction #CryptoAnalysis #Write2Earn #Bitcoin

Posted into Blockchainology @blockchainology-OluOyekanmi

Moodeng: Infinite Patience Required? I am sorry, but Moodeng holders will need infinite patience. Recently, meme coins have taken a battering, and there is no end in sight. Moodeng is down by 94.45% from its all-time high. Surprisingly, from early February to early March, the price moved sideways, suggesting that it had hit a low point and stabilized. This sentiment was short-lived as the price fell another 2 cents to what we have today. Looking at the chart, we see several areas of supply (areas where investors sold). These areas of supply will make any investor miserable. One can see that these are areas where only selling will take place. We must not forget to consider the fact that trading volume has thinned and liquidity has taken a hit. For now, Moodeng’s charm keeps it afloat, a testament to the power of memes in the unpredictable arena of crypto. With the current price of $0.0392, some traders see the bottom forming, while others warn of further slides if broader market sentiment sours. So, as a trader, do you think the bottom is in? And as always, your guess is as good as mine. #nosacapital #moodeng #cryptoanalysis #Write2Earn

Posted into NOSABLOGGISTA @nosabloggista-OluOyekanmi

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