After the previous analysis in Bitcoin Weekly Time, I was expecting a correction
I think the reform is coming to an end
Bitcoin reacted well to its daily cloud floor, which was my first buying area
In the weekly time frame, the worst case scenario is for the price to reach the range of $ 47,000 to $ 48,000, and if it reaches this area, I will make the second step of the purchase.
The cloud Kijun Sen line in the weekly timeframe, which has been flat for a long time, is now bullish.
This is the first sign that the correction is complete
The second sign to complete the correction is that Bitcoin reaches the 0.618 Fibonacci retracement level
The third sign of strong purchases is the daily cloud floor
The fourth sign of extreme fear in the market is when everyone sells with fear. Professionals buy in the market
The only sign we have to wait is the big money coming back into the market, which I think will happen soon
Do not forget to buy in steps
Good days await the market
Shopping in this price range is very attractive
Good luck
I think the reform is coming to an end
Bitcoin reacted well to its daily cloud floor, which was my first buying area
In the weekly time frame, the worst case scenario is for the price to reach the range of $ 47,000 to $ 48,000, and if it reaches this area, I will make the second step of the purchase.
The cloud Kijun Sen line in the weekly timeframe, which has been flat for a long time, is now bullish.
This is the first sign that the correction is complete
The second sign to complete the correction is that Bitcoin reaches the 0.618 Fibonacci retracement level
The third sign of strong purchases is the daily cloud floor
The fourth sign of extreme fear in the market is when everyone sells with fear. Professionals buy in the market
The only sign we have to wait is the big money coming back into the market, which I think will happen soon
Do not forget to buy in steps
Good days await the market
Shopping in this price range is very attractive
Good luck
Comment:
I apologize for the typo in the text. It seems that in the worst case, bitcoin reaches the range of $ 37,000 to $ 38,000.
