As I said yesterday, a sell at 40k is too obvious and as I don't believe in "buy here, is the bottom", some I don't believe in "sell here, is the top". Technically, from the 33k recent low, BtcUsd is trading upwards and is drawing an ascending triangle on our chart and we can clearly see that the dips are bought. A break above 39k should accelerate gaines and the target for the pattern is 44k. To buy on a break can be a good strategy for short term traders
i dont trust this uptrend cause it was 2 fast. Price didnt even retest 33k zone. It looks more like dead cat bounce. It may go 40-41 to clear short positions
I hope it makes new ath so i can sell my altcoins lmfao
Mihai_Iacob
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@batmanahmet1, new ath in 3-4 years, just my opinion, don t shoot me:)
RobRobin
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@OptimoomFX, well new ATH in a long time for sure, but 3-4 years seems excessive…consider that the next halving will be in 2024 so at the end of 2023 we might already see some huge bullish moves…
AlexTrade2
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@RobRobin, you must be new to crypto. Theres smart peeps that buy before a rally pre-halving every time, which then drops, then picks back up a while after halving, then starts the news, then peeps start buying en mass and then hysteria takes over and makes another ATH.
RobRobin
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@AlexTrade2, 3-4 years for the next run is bullshit…besides if you say 3 or 4 it makes a big diffeeence in crypto, but you must be pretty new to crypto, wait to learn some before saying illogical things :)
Price didnt even retest 33k zone.
It looks more like dead cat bounce.
It may go 40-41 to clear short positions