Hi Everyone,
We are back again, for trying to understand how BTC will behave in near future.
Buy when they tell you to sell and Sell when they tell you to buy, else if you do what they want you to do, you will loose profits and they make more profits.
Again, I am not doing TA analysis, as nothing will work and most of the time it doesn't make sense in swinging market.
BTC after fake sell off, which generated more panic sell off and send every analyst on BEAR MODE. You can see BTC is rising, why? cause no one is buying because everyone is expecting it to drop to 7.5k to 5.5 k or even 2.5k. They might be right or wrong , no one knows. But what we know is nobody wants to buy, hence it is easier for MM, to get BTC at much cheaper price. This is where they will be buying to compensate what sold off and buy some more from extra money and hence more profit.
So our take is BTC will rise to 12k to 13k before doing a bit of re tracing , cause thats where previous support was and this will become resistance. Its Best time to buy, as everyone is either in HOLD mode or BEAR mode.
We literally feel BEAR MODE is OFF now, and its time for BULL to regain the lost ground.
PS: Do remember , we are the very few analyst, Who is giving BUY signal now itself, when everyone else is with BEAR.
If you like or agree article, do like share and subscribe.
For any doubts or question, feel free to message or post a comment.
Thanks
KryptoTimes
We are back again, for trying to understand how BTC will behave in near future.
Buy when they tell you to sell and Sell when they tell you to buy, else if you do what they want you to do, you will loose profits and they make more profits.
Again, I am not doing TA analysis, as nothing will work and most of the time it doesn't make sense in swinging market.
BTC after fake sell off, which generated more panic sell off and send every analyst on BEAR MODE. You can see BTC is rising, why? cause no one is buying because everyone is expecting it to drop to 7.5k to 5.5 k or even 2.5k. They might be right or wrong , no one knows. But what we know is nobody wants to buy, hence it is easier for MM, to get BTC at much cheaper price. This is where they will be buying to compensate what sold off and buy some more from extra money and hence more profit.
So our take is BTC will rise to 12k to 13k before doing a bit of re tracing , cause thats where previous support was and this will become resistance. Its Best time to buy, as everyone is either in HOLD mode or BEAR mode.
We literally feel BEAR MODE is OFF now, and its time for BULL to regain the lost ground.
PS: Do remember , we are the very few analyst, Who is giving BUY signal now itself, when everyone else is with BEAR.
If you like or agree article, do like share and subscribe.
For any doubts or question, feel free to message or post a comment.
Thanks
KryptoTimes