Finally, there are good volumes to buy bitcoin. It doesn't mean that we'll grow exactly. It means that a lot of interest was in this zone. The good entry point will be after retest to 47400. If you plan to enter, be sure to put a stop loss near to the level. For further growth, the ideal variant will be slowly squeezing to zone 54000-55000. I don't rule out variant to dropping to 43000. U must remember, I'm not a God, I'm a trader.
Write in the comments what do u think about BTC and write all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
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🚨#Bitcoin, Price made a fake break down exactly as I told.
Yuriy is like that awesome teacher who doesn't mind teaching his students the same lesson again and keep them on track to get the best education.
Thanks Yuriy
@Yuriy_Bishko, My friend Yuriy i hoe you done great Bitcoin looks to have a huge increase coming time to 55k+
SarahTiara
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If I had more cash on hand I'd be buying myself crazy right now... ADA, VET, Link, BTC... holy cow the deals... In 5 yrs, we'll be laughing at these prices.
Achilleas82
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@SarahTiara, Very bad risk management to not have any cash in hands, all in crypto, with the drop not complete yet and with the US government increasing taxes on capital gains next week and crypto regulations on their way. I would take profits tomorrow on the dead cat bounce as the last opportunity for stop loss.
SDlektric
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@Achilleas82, Why do you think the drop is not complete? I think Bears were too optimistic this time...
Achilleas82
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@SDlektric, the next days will show us if the fall stops here or if BTC will go down more. I am not putting my money in right now as I also had not them in during the drop. Let everything settle down... and then I will jump in. One day does not prove anything.
SDlektric
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@Achilleas82, That is true - it is wise to stay on the side for some time. I am mainly following Glassnode cycle and on chain data which tells me that a blow-off uptrend is very likely soon.
Thanks Yuriy