[BTC] I AM WARNING YOU BIG DROPS Long
Bitcoin / United States DollarCoinbase
Description
⋅ Hi again guys. You should know this how bullish i am about btc. But we are in the zone that there can be sell off to the support areas before ATH.
You can check my last idea about btc to $20500. My target still same but should be carefull about sell off can occur any minute until now.
Because, you can check last bullrun's drops here;
As you see, when parabolic run exhausted drop is inevitable.
As you see you can expect drops between 35-40% which is normal to Bitcoin.
ONE MORE IMPORTANT THING HERE ;
As you see WEEKLY 21 EMA is support at every drops.
Where we are at now?
We are now 27% away from 21 WEEKLY EMA.
This is not a financial advice but important warning about learning how to manage your risks...
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