decision time for bitcoin important levels to watch for to long
My previous ideas and signals may hit SL or bounced back but technically this was not expected, if I know news about hashrate drop I would have been much more cautious
ok anyway corrections are normal in market and I still dont believe its end of bull market in case someone is worried. Cycles end always with sharp spike which we didnt see.
I saw big outflow of BTC from exchnages usually its big bullish signal but not immidiately,
if wee see quick wick down it should definitely bounce from 50500 first its fib level from 2020 march till recent ATH its also match with current downtrend extension
plus at 49500 we have daily 100EMA which is very important signal, super worst case scenario we can drop till weekly 21 EMA which is 44K area.
tight SL 47300 tight SL 48900 super tight SL 49890
big SL 43000
target 71000
cheers let me know your thoughts and you can join my channel if you have new info and discuss
also its guide for bitcoin personally i will open altcoins especially uniswap HOT INJ
Cheers
ok anyway corrections are normal in market and I still dont believe its end of bull market in case someone is worried. Cycles end always with sharp spike which we didnt see.
I saw big outflow of BTC from exchnages usually its big bullish signal but not immidiately,
if wee see quick wick down it should definitely bounce from 50500 first its fib level from 2020 march till recent ATH its also match with current downtrend extension
plus at 49500 we have daily 100EMA which is very important signal, super worst case scenario we can drop till weekly 21 EMA which is 44K area.
tight SL 47300 tight SL 48900 super tight SL 49890
big SL 43000
target 71000
cheers let me know your thoughts and you can join my channel if you have new info and discuss
also its guide for bitcoin personally i will open altcoins especially uniswap HOT INJ
Cheers