Hello! Let's take a look at Bitcoin analysis together, we all know that we are still strongly bearish on cryptocurrencies. Most people think that the price of BTC will go to $15,000 and for that reason it is very likely that we will go up!
Which of course for me as a trader does not mean that I will buy, because the analysis does not tell me such a thing and therefore I have marked the important levels where I would start to focus on a possible selling opportunity. It all depends on the economic situation and the announcement of inflation news.
Of course, before we get to the marked zones, the situation may gradually change and I will not sell there in the end, because the longer we stay at the bottom of the potential consolidation, the lower the chance that the marked zone will react.
Which of course for me as a trader does not mean that I will buy, because the analysis does not tell me such a thing and therefore I have marked the important levels where I would start to focus on a possible selling opportunity. It all depends on the economic situation and the announcement of inflation news.
Of course, before we get to the marked zones, the situation may gradually change and I will not sell there in the end, because the longer we stay at the bottom of the potential consolidation, the lower the chance that the marked zone will react.