T begin, we have to wait for zone 58-51k and see the reaction, But in my view, I think we have a WXY correction, So it leads to another correction according to the chart. Any way wait for confirmation to validate the analysis, since the fundumental news are good.
Goodluck
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typeing mistake: 48-51 K not 58 48-51 is a support zone.
I just dont trust the wallstreet guys and even more, I dont trust FED. There is a reason, why the FED launched a BTC ETF based on futures, first. All Pro's are actually bullish, thats why I remain bearish, but also trageting small bullish scenarios. As soon as BTC proshares ETF launches and gets enough money to deal, I am not sure what happens. Du you trust anyone in this market? I am not and I was surprised how often I got right with my ideas. Not all, but many ideas, which are absolutely the opposite direction of what the market is doing, are the most profitable ones. Lets see how this plays out
Price_Action_Naser
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@maroff, Great, thanks for your opinion. you make me doupt about EFT based on futures! why do you think that?
maroff
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@Price_Action_Naser, I just dont trust them, they could easily short this beast to hell if they want to, cause there are still stoploss-levels - you only have to cross them to crash the market. And those big funds have a big network, money rules the world and if you want to get a huge return for your investors and have enough money, then you could very easily short this thing. at the end: we all do not know