here is my thought on what could happen.
I think we will see a capitulation event for BTC which will pull it down to the 200wma where we will wick below it for extra liquidity of longs at 20 k that will be placed when we get there
we will rebound quickly though .
coins like BNB and WOO and CRO will be very good buys for this capitulation
be patient . events like this is where the real gains are made
this is where 50-100x moves are seen.
GOOD luck and make sure you have risk capital incase this happen
if this does happen alts will drop another 50-80% from their current prices
DYOR , not a financial advisor
I think we will see a capitulation event for BTC which will pull it down to the 200wma where we will wick below it for extra liquidity of longs at 20 k that will be placed when we get there
we will rebound quickly though .
coins like BNB and WOO and CRO will be very good buys for this capitulation
be patient . events like this is where the real gains are made
this is where 50-100x moves are seen.
GOOD luck and make sure you have risk capital incase this happen
if this does happen alts will drop another 50-80% from their current prices
DYOR , not a financial advisor
Nota
played out exactly as predicted, congrats to those who followed and bagged btc at 16k :)
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.