If you ask me is there any chance that we go lower, I'd say - yes. Almost 60/40 here. Buyers need to hold 15 600.
So why:
1. Volatility is getting lower
2. Small interest - every try to pamp btc fails
3. Big limits above - the price can't even break out local levels.
4. 1D candles super trashy.
12-15k could be the next targets, 10k squeeze, whatever. If you want to open any longs just keep in mind that next squeeze could be very quick and market can have a serious panic. If you are an "Investor" then place your limit orders between 10-12k and chill.
Personally thinking to open longs 16 800 - 17 200 on the local resistance break out. But this can change.
GL
So why:
1. Volatility is getting lower
2. Small interest - every try to pamp btc fails
3. Big limits above - the price can't even break out local levels.
4. 1D candles super trashy.
12-15k could be the next targets, 10k squeeze, whatever. If you want to open any longs just keep in mind that next squeeze could be very quick and market can have a serious panic. If you are an "Investor" then place your limit orders between 10-12k and chill.
Personally thinking to open longs 16 800 - 17 200 on the local resistance break out. But this can change.
GL
