As you can see, the 13800-14500 area has the strongest resistance in the chart
Bitcoin is really a bet that someone will come and buy at a higher price than you in order for you to sell and win
But now the situation is reversed
The bet now is that someone sells in order to buy at a lower price
This is literally what happens
After the war of statements between major traders and investors, you must understand this
The safe buying area is 13800/14500
The investment period is 1-3 years in order to get a new peak
It is too early to talk about profit taking
After hitting the targets we mentioned, which should be the bottom, it should happen after the fluctuation in the price
Then comes the period of stability (sideway movement) With low volume
Then the volume increases
And we see positive candles
Then the climb will begin
Finally, trade smartly and patiently
Trade with your mind, not your emotions
My greetings
Bitcoin is really a bet that someone will come and buy at a higher price than you in order for you to sell and win
But now the situation is reversed
The bet now is that someone sells in order to buy at a lower price
This is literally what happens
After the war of statements between major traders and investors, you must understand this
The safe buying area is 13800/14500
The investment period is 1-3 years in order to get a new peak
It is too early to talk about profit taking
After hitting the targets we mentioned, which should be the bottom, it should happen after the fluctuation in the price
Then comes the period of stability (sideway movement) With low volume
Then the volume increases
And we see positive candles
Then the climb will begin
Finally, trade smartly and patiently
Trade with your mind, not your emotions
My greetings