BTC long or short? What's going on?
Hey friends!
Due to announced by the FED and J.Powell looks like a trap for holders and buyers of risk assets so for me price down scenario more real.
Now we have enough "petrol" both for going UP or DOWN. So the volatility could becoming strong enough for big price movements.
I saw a lot of bloggers on YOUTUBE who are first time bought crypto and speaking now very bullish about web3.0 and new metaverse of DEFI and NFT.
But they never saw projects white papers or never heard about circulating supply and unlocks due to time factor of big funds as Alameda and others who had price 0,07 for some crypto which price now about 5$ or 10$ or even higher.
People biggest mistakes are happening due to Believe what they want to see. That's simple hows psychology working.
I'm not big fun of such "charity" and now just have some options put
A lot of people in crypto nowadays and mostly newby (55%) so for smart money it's easy to send market deeply down to buy it on the deep and waiting for better times to sell all in the new cycle.
So the most positive scenario for bulls looks like to reach the price of 65 000 - 67 000, to show everyone "the power" and "Dump it" after.
Key resistance price level is 59-60 and than 67, key support is 42. Altcoin season is possible after price will reach 59000$
Due to announced by the FED and J.Powell looks like a trap for holders and buyers of risk assets so for me price down scenario more real.
Now we have enough "petrol" both for going UP or DOWN. So the volatility could becoming strong enough for big price movements.
I saw a lot of bloggers on YOUTUBE who are first time bought crypto and speaking now very bullish about web3.0 and new metaverse of DEFI and NFT.
But they never saw projects white papers or never heard about circulating supply and unlocks due to time factor of big funds as Alameda and others who had price 0,07 for some crypto which price now about 5$ or 10$ or even higher.
People biggest mistakes are happening due to Believe what they want to see. That's simple hows psychology working.
I'm not big fun of such "charity" and now just have some options put
A lot of people in crypto nowadays and mostly newby (55%) so for smart money it's easy to send market deeply down to buy it on the deep and waiting for better times to sell all in the new cycle.
So the most positive scenario for bulls looks like to reach the price of 65 000 - 67 000, to show everyone "the power" and "Dump it" after.
Key resistance price level is 59-60 and than 67, key support is 42. Altcoin season is possible after price will reach 59000$
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