As mentioned over the last few days, price probably will hover or go up to 22400 until major reports are out this week, before going down to test 19-20k, before moving back up.
Or it will just dump to 19-20k before moving back up.
Either way, we should only short till 20k, before moving up in long positions.
This is further compounded by the fact that DXY is hitting his previous ATH.
However, a look to DXY’s history, we know that once DXY forms a new ATH, it will go down, and BTC/SPY will go up eventually.
So contrary to many people saying its time to short BIG, I do see a lot of buying opportunity after we reach 20k or 19k.
The mistake many people are pushing is we may fall to 15-17k STRAIGHT at the next bearish flag, which i strongly disagree.
Like and comment if you like my ideas!
Or it will just dump to 19-20k before moving back up.
Either way, we should only short till 20k, before moving up in long positions.
This is further compounded by the fact that DXY is hitting his previous ATH.
However, a look to DXY’s history, we know that once DXY forms a new ATH, it will go down, and BTC/SPY will go up eventually.
So contrary to many people saying its time to short BIG, I do see a lot of buying opportunity after we reach 20k or 19k.
The mistake many people are pushing is we may fall to 15-17k STRAIGHT at the next bearish flag, which i strongly disagree.
Like and comment if you like my ideas!
