Ehsan_1307

BTC - FAKE BULL RUN

Short
Ehsan_1307 Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin . As I have always said this recent uptrend was quite a fake manipulated bull run. Can be the biggest bull trap in crypto history. Of course, we would have a short-term pullback after this big correction but you all know what is my opinion on the whole market. As I said, we go down, deeper, unfortunately. No one likes the bearish ideas, it's bitter, but sometimes the really has a bitter taste.

Ehsan.F
Comment:
I think in the coming days we will have another drop to around 50k, then a pullback to around 58k, and Alts will have a good time so you can take this time to leave the market, and after that the BIG CORRECTION will occur. This process can take almost a month.

So leaving the market time can be around 10 December 2021 onwards when the BIG CORRECTION can start to happen.

Take care
Comment:
I have seen things that many didn't.
Comment:
It was really a fake bull run. The biggest bull trap perhaps in history.
Comment:
To me, the REAL ATH is still 65k reached on 14 Apr 2021. This bull run was just a fool run in which whales took max advantage of 'hopes and dreams folks' dreaming of 100k or even 200k for this cycle.
Comment:
Bulls in disbelief.
Comment:
Apart from technical analysis, mathematics and calculation are very important factors to be taken into account. When some folks talk about hitting 100k or 200k within 2 months or something, we need to check and think how would be the Total market cap like and taking into account many other factors. Also, delete all hopes and dreams if you want to get the real target.

BTC is not gonna takes us to the moon ...
Comment:
If you want a really strong bull run, the whole market needs to rest for a year to complete the bear market then we can start again strongly. This movement is so weak and doesn't have the power to take us up. It can break at any moment. Everything has an expiry date, the bull run has been expired. December 2021
Comment:
WAKE UP!
Comment:
We need to wait until tomorrow to see the weekly candle closing BUT I think we can have a short-term uptrend this week (11 Dec 2021).
Comment:
It was really a fake bull run
Comment:
I will let you know when we reach the bottom. For now, just be patient.

In the meantime, I am also expecting a bad news to be released to push the price down deeper where it technically should hit. Also, it will cause a panic attack. These are the 2 factors we need to happen before buying. The situation we are in now is pretty similar to May 2021 when China banned crypto.
Comment:
It was really fake.

⨝ 🟧 ⨝ Join my Telegram Channel for more:

t.me/+gCqQMWP4QN4xM2Fk
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.