A demand zone is generally good for buying but if there's not enough demand in the demand zone, this can happen. But why be scared of it ? Who wouldn't love a huge crypto discount, right ? this is NOT a prediction. Just giving you more perspective on $BTC NFA DYOR
what if 69k is the real top and y'all speculating for a new ATH every month during 2 years ? 🤣 nobody can predict the future, maybe prices will go up like crazy new ATH everywhere or maybe the market will give u hope each month, just hope. and slow bleed. nobody knows!
the text in the chart says it all don't think u're a genius because you longed a dip, zoom out to see the bigger picture and understand that any trade requires risk management for this specific reason don't try to catch a falling knife, either go with the motion or wait til it has fallen look for strong demand zone and your stop loss will be your best tool...
this is a fractal that can potentially happen it's not financial advice, it is never. But it's a long that I personally am going to take, with a limit order around 0.071~0.073 doesn't mean you have to. The idea is that the pattern from the box 1 repeats on box 2 could happen during asia session let's wait and see
never ever ever think like a RETAIL, CT and RETAILS are ALWAYS WRONG if you want to exit the rat race, or stop being a sheep you need to level up your psychology and mindset game this is the biggest alpha I can give you so far
Here you can see how the total crypto marketcap rejected the resistance plenty of times on CT, people are buying into the resistance right now, they FOMO buy at a supply level, with Saylor tweeting that MicroStrategy once again bought more $BTC this is not financial advice ofc, just speculation and for educational purpose
the vertical lines are aligned with the 3 times USDT.D weekly chart hit the resistance and then, price of $BTC reversed from a downtrend/consolidation to an uptrend we could potentially be in a real uptrend, aiming for a new ATH almost nobody is expecting anymore as CT has turned bearish