BTC/USD
I don't usually post price targets, but based on the current momentum, I think this is worth sharing.
Last year, we experienced the same kind of selling pressure in altcoins, vs BTC, as we are experiencing in BTC right now.
I believe this is the final shakeout and I think it's going to be BAD. Same players, same game.
If we are where I think we are, we need at least another 40% drop in USD, to complete the despair and if the game is the same, it will be RAPID.
We could see BTC in the $1500-2500 range within the next week, before a rebound.
Every stop loss must be triggered. Every margin must be called. And everyone staring at the market, must panic sell.
Your insides need to feel like a wet rag being wrung out, if you have a long open
Last year, we experienced the same kind of selling pressure in altcoins, vs BTC, as we are experiencing in BTC right now.
I believe this is the final shakeout and I think it's going to be BAD. Same players, same game.
If we are where I think we are, we need at least another 40% drop in USD, to complete the despair and if the game is the same, it will be RAPID.
We could see BTC in the $1500-2500 range within the next week, before a rebound.
Every stop loss must be triggered. Every margin must be called. And everyone staring at the market, must panic sell.
Your insides need to feel like a wet rag being wrung out, if you have a long open
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.