Check out our Bitcoin analysis to know what is exactly happening in Bitcoin and how market makers are playing with us.
We are on a strong resistance area right now. Big shooting star candle associated with high volume & RSI overbought showing weakness followed by 5 Days Consolidation.
Bitcoin halvening is near and people starts fomo-ing and buying Bitcoins hope for some quick profits after the halving but we make sure market makers might dump their positions on them and after the halving we might see big crash on Bitcoin (Buy the rumour and sell the news). Those are looking for better entry can wait to see what Bitcoin does after halvening to take any long term positions and not FOMO.
We are on a strong resistance area right now. Big shooting star candle associated with high volume & RSI overbought showing weakness followed by 5 Days Consolidation.
Bitcoin halvening is near and people starts fomo-ing and buying Bitcoins hope for some quick profits after the halving but we make sure market makers might dump their positions on them and after the halving we might see big crash on Bitcoin (Buy the rumour and sell the news). Those are looking for better entry can wait to see what Bitcoin does after halvening to take any long term positions and not FOMO.
