Caution
The following post is not financial advice but fruit only in my considerations. Therefore I do not hold myself responsible for your trading
Upward comeback:
I think we are running out. BTC It will take back the path it had lost. Entering the whales now BTC is becoming a full-fledged currency. What will the whales do? Some small fish slaughter. The time is over when you have to believe that things always go high, on the other hand it is also physiological. Somewhere the money must also be taken. Who understood that the whales entered had two options:
1) the first is to get out immediately because now they will do exactly what they want in the long term (months, years)
"The Great Protector" (of his earnings) further asserted that there is nothing behind the crypto currency. This is partially true but it must also be said that he said it by virtue of the fear of losing power (much more important than real money)
On the other hand he has already decreased the maximum levers available two years ago so it is clear that he wants to leave us hungry as he usually does and as his friends do.
2) The second option is to understand that there are other whales who have understood that people are desperate to enter this market right now. the FEAR speaks clearly (better to say it scares clear)! So in light of this I expect that the bullish wave will continue even higher than before, perhaps hitting at least 100,000 "promised" by Plan B.
Technically, the situation is stable, we have a rebound point that represents both the desire to reverse the situation and to liquidate what has already been taken. This will give the mass even more desire to be part of the deal. However, the real resistance is now below the bounce point.
Moral of the story? Holda who has to hold, purchases who has to buy! Who wants to sell, go ahead, but I do not consider it wise from here to the next few weeks (a few months)
The Stochastic himself would actually say that there is still to go down (Weekly), but the price of a few weeks ago has left a shadow that seems to want to draw the point where it will no longer want to go down because too many people still want it to go up and despite the whales , they will not have an easy game in the short term given the speed with which it went up that time and the shadow left!
The following post is not financial advice but fruit only in my considerations. Therefore I do not hold myself responsible for your trading
Upward comeback:
I think we are running out. BTC It will take back the path it had lost. Entering the whales now BTC is becoming a full-fledged currency. What will the whales do? Some small fish slaughter. The time is over when you have to believe that things always go high, on the other hand it is also physiological. Somewhere the money must also be taken. Who understood that the whales entered had two options:
1) the first is to get out immediately because now they will do exactly what they want in the long term (months, years)
"The Great Protector" (of his earnings) further asserted that there is nothing behind the crypto currency. This is partially true but it must also be said that he said it by virtue of the fear of losing power (much more important than real money)
On the other hand he has already decreased the maximum levers available two years ago so it is clear that he wants to leave us hungry as he usually does and as his friends do.
2) The second option is to understand that there are other whales who have understood that people are desperate to enter this market right now. the FEAR speaks clearly (better to say it scares clear)! So in light of this I expect that the bullish wave will continue even higher than before, perhaps hitting at least 100,000 "promised" by Plan B.
Technically, the situation is stable, we have a rebound point that represents both the desire to reverse the situation and to liquidate what has already been taken. This will give the mass even more desire to be part of the deal. However, the real resistance is now below the bounce point.
Moral of the story? Holda who has to hold, purchases who has to buy! Who wants to sell, go ahead, but I do not consider it wise from here to the next few weeks (a few months)
The Stochastic himself would actually say that there is still to go down (Weekly), but the price of a few weeks ago has left a shadow that seems to want to draw the point where it will no longer want to go down because too many people still want it to go up and despite the whales , they will not have an easy game in the short term given the speed with which it went up that time and the shadow left!