Tuesday, March 28, 2023
  • Login
  • Register
btclive365.com
  • Home
  • Cryptocurrency News Today
  • Bitcoin (BTC)
  • Altcoins
  • Blockchain
  • Crypto Mining
  • CryptoCurrency Predictions
  • Defi
  • Dogecoins
  • Earn Crypto
  • Ethereum (ETH)
  • Forex Trading
  • ICO
  • Litecoin ( LTC )
  • NFT
  • Ripple
  • Trend cryptocurrency
No Result
View All Result
  • Home
  • Cryptocurrency News Today
  • Bitcoin (BTC)
  • Altcoins
  • Blockchain
  • Crypto Mining
  • CryptoCurrency Predictions
  • Defi
  • Dogecoins
  • Earn Crypto
  • Ethereum (ETH)
  • Forex Trading
  • ICO
  • Litecoin ( LTC )
  • NFT
  • Ripple
  • Trend cryptocurrency
No Result
View All Result
btclive365.com
No Result
View All Result
Home CryptoCurrency Predictions

Crypto Markets Could Undergo a Major Change Soon! Will the Altcoins Maintain Their Sanity?

btclive365 by btclive365
November 11, 2022
in CryptoCurrency Predictions
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


After a gigantic bull run, the crypto space undergoes an extended correction phase where-in assets plunge heavily by more than 80%. Meanwhile, the current phase also reflected a similar trend until the markets collapsed in May led by the fall of the Terra ecosystem. Since then the crypto assets have been trading under the heavy influence of the bears as Terra’s fall create ripples of fallouts later. 

Recently, one of the most popular exchanges, FTX faced an $8 billion shortfall and is heading towards bankruptcy. This has led to a bloodbath on the streets of satoshi nakamoto information satoshi nakamoto satoshi nakamoto Developer/Programmer Followers : 0 View profile , and moreover, the drop is expected to intensify very soon, dragging Bitcoin & altcoins to their bottoms. 

However, the Altcoins presently may certainly not behave in a similar way it did post-2017 bull run. The top ALTS in 2018 were totally different from the top 100 ALTS now and hence a popular analyst warns his 117,900 followers to be very careful of the majority of Altcoins.

Be careful with majority of the $Alt-Coins

Even if we are near the bottom, it doesn’t mean that $Alts will be saved

The top 100 $Alts in 2018 were TOTALLY DIFFERENT than top 100 $Alts in 2021

The ‘Great Crypto Reset’ is in play

This industry is about to change bigtime#BTC

— Kevin Svenson (@KevinSvenson_) November 10, 2022

The market collapse led by FTX blew out nearly $200 billion in market capitalization in just a couple of days. Meanwhile, a steeper plunge is yet to happen, and with this, a sharp decline in Bitcoin, Ethereum, & the major altcoins are expected. 

For the last capitulation event, which should be this week, I expect:

16-20% drop on $BTC, 36-40% on $ETH and 40-45% on altcoins.

— il Capo Of Crypto (@CryptoCapo_) November 10, 2022

A well-known analyst, il capo of crypto information il capo of crypto cryptocapo TraderMarket Analyst Followers : 0 View profile , rightly predicted the recent crash much before it occurred and believes that the last leg of the current capitulation phase is yet to occur. Bitcoin prices are expected to drop by 16% to 20%, Ethereum‘s price by 36% to 40%, and altcoins could crash by 40% to 45% very soon. 

Hence, in the coming days, the major crypto assets are expected to find new bottoms and close the yearly trade on a bearish note. 

Was this writing helpful?





Source link

Previous Post

CoinShares Reveals $30.3M Exposure To Struggling FTX

Next Post

FTX contagion victim Deepak.eth puts NFT collection up for sale

btclive365

btclive365

Next Post

FTX contagion victim Deepak.eth puts NFT collection up for sale

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 23.8k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest

How to sell Bitcoin – Bitcoin Magazine

November 9, 2022

Add a Tangible Asset to Your Portfolio: Buy Gold

January 7, 2023

Building Bitcoin Standard In Portugal – Bitcoin Magazine

November 9, 2022

USD/ZAR Rallies as SA President Ramaphosa Faces Potential Impeachment

December 1, 2022

Bitcoin price hits 2-week lows as FTX ‘bank run’ drains BTC reserves

1

Building Homesteader Lifestyle With Bitcoin – Bitcoin Magazine

1

Arbitrum dealings activity rockets 550% since August: Delphi Digital

0

Bitcoin․com Doubles Down on Self-Custody With Launch of Verse DEX – Press release Bitcoin News

0

Disney Lays Off Entire Metaverse Division Abandoning Further Exploration

March 28, 2023

Extra gains are not favoured

March 28, 2023

Binance saw $850M withdrawal prior to CFTC indictment: Data

March 28, 2023

President Nayib Bukele Touts El Salvador as the ‘New Land of the Free’ in Vintage Americana Poster Featuring Bitcoin as Legal Tender – Bitcoin News

March 28, 2023

Recent News

Disney Lays Off Entire Metaverse Division Abandoning Further Exploration

March 28, 2023

Extra gains are not favoured

March 28, 2023

Binance saw $850M withdrawal prior to CFTC indictment: Data

March 28, 2023

President Nayib Bukele Touts El Salvador as the ‘New Land of the Free’ in Vintage Americana Poster Featuring Bitcoin as Legal Tender – Bitcoin News

March 28, 2023

We deliver up-to-date, breaking crypto news about the latest Bitcoin, Ethereum, Blockchain, NFTs, and Altcoin trends and happenings

Follow Us

Browse by Category

  • Altcoins
  • Bitcoin (BTC)
  • Blockchain
  • Crypto Mining
  • Cryptocurrency News Today
  • CryptoCurrency Predictions
  • Defi
  • Dogecoins
  • Earn Crypto
  • Ethereum (ETH)
  • Forex Trading
  • ICO
  • Litecoin ( LTC )
  • NFT
  • Ripple
  • Trend cryptocurrency

Recent News

Disney Lays Off Entire Metaverse Division Abandoning Further Exploration

March 28, 2023

Extra gains are not favoured

March 28, 2023
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2022 btclive365 All Right Rivered .

No Result
View All Result
  • Home
  • Cryptocurrency News Today
  • Bitcoin (BTC)
  • Altcoins
  • Blockchain
  • Crypto Mining
  • CryptoCurrency Predictions
  • Defi
  • Dogecoins
  • Earn Crypto
  • Ethereum (ETH)
  • Forex Trading
  • ICO
  • Litecoin ( LTC )
  • NFT
  • Ripple
  • Trend cryptocurrency

© 2022 btclive365 All Right Rivered .

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In