Hello, Today we will answer the essential questions about:
1.What is happening with the price of Bitcoin?
2.What will happen to the crypto market?
3.What should we do about avoiding losses?
Want to add a caption to this image? Click the Settings icon.
1.What is the price of Bitcoin going on?
What we're seeing is the next step in the opposite direction! Bitcoin failed to break the $ 11,000 barrier we wrote about in the previous article.
As we have seen what will happen in the future depending on where the Bitcoin price goes, now is the time to warn you in advance! Descending Triangle-bearish pattern.
This model shows us where the area is in which we can return to the market again. On the chart you can see the levels at which the price will find strong support around $ 5000 which is a 100% loss compared to the time of writing this article. This is the worst case of price reversal.Only manipulation of the market is possible to return the price back - it is also possible, but still keep in mind the analysis!
2.What will happen to the crypto market?
Bitcoin is the main asset for trading with other cryptocurrency units! He is the "king" and he defines! Imagine we have 2 currency pairs if one is the main one ie Bitcoin and it starts to fall this is reflected in the price of the other - a very long topic over which you have to devote your time to because the entire industry is a global "blockchain" marketplace with no random things! It is possible that a lot of "altcoin" cryptocurrencies will find their death by trading with Bitcoin! But only the future will tell!
Want to add a caption to this image? Click the Settings icon.
3.What should we do about avoiding losses?
We cannot predict the future at 100%, but if the price falls below the $ 9000 support level, expect a price drop of around $ 5,000. Many investors are prepared for this and some of the largest traders have started selling theirs Bitcoin volumes.To return to a level of support where they will double their assets! For those of you who own other crypto assets, we advise you to keep track of the price of Bitcoin as this will affect the prices of all cryptocurrencies! let's say which cryptocurrency will die but sure there will be some on the market! Many arbitrage sites and other targets (at least those we follow) have closed their doors.This is no accident because they know what is ahead! Remember that all this is a hypothesis and a price reversal is always possible Bitcoin and be as prepared as possible!
Every investment and every trade is a risk, so you should always do your own research before making any decisions. We do not recommend investing money that you cannot afford to lose.
You can visit our website here: https://www.enigmatrading.eu/
1.What is happening with the price of Bitcoin?
2.What will happen to the crypto market?
3.What should we do about avoiding losses?
Want to add a caption to this image? Click the Settings icon.
1.What is the price of Bitcoin going on?
What we're seeing is the next step in the opposite direction! Bitcoin failed to break the $ 11,000 barrier we wrote about in the previous article.
As we have seen what will happen in the future depending on where the Bitcoin price goes, now is the time to warn you in advance! Descending Triangle-bearish pattern.
This model shows us where the area is in which we can return to the market again. On the chart you can see the levels at which the price will find strong support around $ 5000 which is a 100% loss compared to the time of writing this article. This is the worst case of price reversal.Only manipulation of the market is possible to return the price back - it is also possible, but still keep in mind the analysis!
2.What will happen to the crypto market?
Bitcoin is the main asset for trading with other cryptocurrency units! He is the "king" and he defines! Imagine we have 2 currency pairs if one is the main one ie Bitcoin and it starts to fall this is reflected in the price of the other - a very long topic over which you have to devote your time to because the entire industry is a global "blockchain" marketplace with no random things! It is possible that a lot of "altcoin" cryptocurrencies will find their death by trading with Bitcoin! But only the future will tell!
Want to add a caption to this image? Click the Settings icon.
3.What should we do about avoiding losses?
We cannot predict the future at 100%, but if the price falls below the $ 9000 support level, expect a price drop of around $ 5,000. Many investors are prepared for this and some of the largest traders have started selling theirs Bitcoin volumes.To return to a level of support where they will double their assets! For those of you who own other crypto assets, we advise you to keep track of the price of Bitcoin as this will affect the prices of all cryptocurrencies! let's say which cryptocurrency will die but sure there will be some on the market! Many arbitrage sites and other targets (at least those we follow) have closed their doors.This is no accident because they know what is ahead! Remember that all this is a hypothesis and a price reversal is always possible Bitcoin and be as prepared as possible!
Every investment and every trade is a risk, so you should always do your own research before making any decisions. We do not recommend investing money that you cannot afford to lose.
You can visit our website here: https://www.enigmatrading.eu/