BINANCE:BTCUSDT   Bitcoin / TetherUS
BTCUSD

Up to 8000 and a little higher, we remain in a bearish trend .
You can talk about the reversal of bitcoin only when we go above this level.

I still have the option that after this bull trap we will go even lower
We have storng level 6400-6800 if we break down this level
And there will be a panic and the big player will gain a position

Chinese New Year from January 25 to February 10, which traditionally does not contribute to price increases.

And to your note - we do not know the future and where the price will go. But you should always have options for all scenarios.

Best regards EXCAVO
Jan 05
Trade active
Jan 08
Comment:
So, based on your comments, is it a reversal?
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Go long if you write to short, go short if you say long. It works
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Much agreed.

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wonderful idea
what's your thought about my work
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Nice view. Here is my view two weeks ago. Suggesting a short-term rally to $8000-$8500 area. After which we could possibly see a sell-off to $5500 area to complete the corrective cycle.

+2 Reply
BoardSurfer Veejahbee
@Veejahbee I subscribe to this idea for sure.
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Veejahbee BoardSurfer
@BoardSurfer, Thank you
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