Hello everyone!
Yesterday, the liquidation on BTC amounted to almost $ 800M, a similar one took place when the price immediately shot up on the new ATH (10/27 - 8/11)
Two scenarios for bullrun, because in my opinion we will not see any drops. Alternatively, if they turn off the internet again in some country or another random or intended situation occurs:)
The first starts now. BTC tested a bearish trendline on the daily chart, which should be followed by gains.
However, if it makes a false move up, there will be another decline, but not as dangerous as the previous one. May you also be prepared for it.
Remember that anything can happen on the market!
The RSI is at very low levels which it will bounce off right now!
The altcoins that I observe have rebounded from the levels, which are very important supports, and as we know perfectly well, if btc is falling, alts also fly.
If we do not break the last FIB level in the longer term, the market will continue to be bullish.
As for me today, there is a very good opportunity to buy or buy with lower risk or higher but assuming a liquidation price below 28k on futures.
Other activities for me are madness and the risk of a heart attack.
Comment and like
Greetings.
Yesterday, the liquidation on BTC amounted to almost $ 800M, a similar one took place when the price immediately shot up on the new ATH (10/27 - 8/11)
Two scenarios for bullrun, because in my opinion we will not see any drops. Alternatively, if they turn off the internet again in some country or another random or intended situation occurs:)
The first starts now. BTC tested a bearish trendline on the daily chart, which should be followed by gains.
However, if it makes a false move up, there will be another decline, but not as dangerous as the previous one. May you also be prepared for it.
Remember that anything can happen on the market!
The RSI is at very low levels which it will bounce off right now!
The altcoins that I observe have rebounded from the levels, which are very important supports, and as we know perfectly well, if btc is falling, alts also fly.
If we do not break the last FIB level in the longer term, the market will continue to be bullish.
As for me today, there is a very good opportunity to buy or buy with lower risk or higher but assuming a liquidation price below 28k on futures.
Other activities for me are madness and the risk of a heart attack.
Comment and like
Greetings.