Guys here what i wanna say to u all.
Im NEITHER bearish or Bullish at all , im always analyzing the current situation and then makin a decision. (Mostly bullish Xd)
So , Here the reasons why im waitin dump in btc
1) We are raisin from 42k to 67k in a row. Yes , i dont call 58 k a dump XD . I call it a consolidation . We have to see 53k at least !!!
2) Just check the ratio of long and short positions on binance u will see that overweight . It is 73% of longs . U really believe that we gonna make new ath and fly to the moon with thoose 75% of longers ??? I m not sure bout this.
3) Look at current price and how its far to even 50 SMA (on daily) It gives us good space for dump .
So its a market. Price is moovin by preferences of whales and huge owners. Anything may happen , so DONT SHORT only by seeing my prediction please.
I wish you all good trades
Follow for more , Like, and share with your opinions !!!
Im NEITHER bearish or Bullish at all , im always analyzing the current situation and then makin a decision. (Mostly bullish Xd)
So , Here the reasons why im waitin dump in btc
1) We are raisin from 42k to 67k in a row. Yes , i dont call 58 k a dump XD . I call it a consolidation . We have to see 53k at least !!!
2) Just check the ratio of long and short positions on binance u will see that overweight . It is 73% of longs . U really believe that we gonna make new ath and fly to the moon with thoose 75% of longers ??? I m not sure bout this.
3) Look at current price and how its far to even 50 SMA (on daily) It gives us good space for dump .
So its a market. Price is moovin by preferences of whales and huge owners. Anything may happen , so DONT SHORT only by seeing my prediction please.
I wish you all good trades
Follow for more , Like, and share with your opinions !!!