Everyone is watching the bear flag forming (red lines) calling out 37k as the floor, but zooming out looking at the green lines I think we could easily see a fall to 35k which is a move that will mess with A LOT of traders. Like once we break the false floor of 37k people madly go bearish and open shorts, close long positions at a loss, etc. because many will see 28k on the table as the new target when 35k is likely the actual bottom.
Just my thoughts
Just my thoughts
we're now in the 35k zone, will be looking to buy now