Bitcoin - What The next - Dump or Pump - BTC?
Hi guys.
Well, I'm back on this platform. I decided to return to duty, because there are those who need it.
I'll start with the main thing.
My main forecast from 59,000 to 29,000 worked 100%
You can see this in my twitter account.
What can I say now, probably something - that there is no need to rush to buy every rollback now.
Because, there are so many factors that indicate a decline below 24,000.
I do not want to scare anyone, this is just my opinion and nothing more. Personally, if I were you, I would go to rest. Because now the price is stuck in a big channel.
Accumulation or distribution - no one will tell you 100%. But to buy every price rollback, you will forgive me, is stupid. It is foolish to work against the trend.
I expect an ascending channel reaching about 37-38 thousand, any decline pattern and continued decline.
There is a second option - if the price is a true breakout, remains below 29800 - look for a short for yourself. Because we will have amirrored level (where the price went up without stopping - it will be the same, only with a decrease)
What I am inclined to at this time is to mark 34850
from there I work in shores up to the level of 29,000.
If this level passes, and the price has been trading there for more than 6 hours, it is definitely long up to 38,000.
Until then, shorts, bears and honey
Well, I'm back on this platform. I decided to return to duty, because there are those who need it.
I'll start with the main thing.
My main forecast from 59,000 to 29,000 worked 100%
You can see this in my twitter account.
What can I say now, probably something - that there is no need to rush to buy every rollback now.
Because, there are so many factors that indicate a decline below 24,000.
I do not want to scare anyone, this is just my opinion and nothing more. Personally, if I were you, I would go to rest. Because now the price is stuck in a big channel.
Accumulation or distribution - no one will tell you 100%. But to buy every price rollback, you will forgive me, is stupid. It is foolish to work against the trend.
I expect an ascending channel reaching about 37-38 thousand, any decline pattern and continued decline.
There is a second option - if the price is a true breakout, remains below 29800 - look for a short for yourself. Because we will have amirrored level (where the price went up without stopping - it will be the same, only with a decrease)
What I am inclined to at this time is to mark 34850
from there I work in shores up to the level of 29,000.
If this level passes, and the price has been trading there for more than 6 hours, it is definitely long up to 38,000.
Until then, shorts, bears and honey
Penafian
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