What’s the next move for the market? A lots of people made fun of my last post about a recovery phase happening before the next dip, and turns out I was right and the market is actually recovering and moving up.

The market now is gaining back the momentum it had, and most coins are slowly recovering from the last dip. It’s also slowly gaining back the trust from investors that there won’t be any dips for few days if not weeks.

Yes, there are many long positions below 100K price on BTC, but that doesn’t mean each time we will have to liquidate and chase them, maybe this time those long positions are the big companies. Yes, they cleared their way from small investors and made everyone scared of opening longs position, and now they are the ones holding those positions and will push the price higher to profit the most of it.

Sometimes analysis and charts are not enough to predict where the market is going, but thinking of possible scenarios and what’s beneficial for the big companies is sometimes the right thing. If another dip happens in this recovery phase, especially that now people have already bought the dip and are optimistic about the market, it will ruin the momentum for the market and will just keep going down, that’s why there should be a recovery first and a higher push to have many investors in the market again and many open positions before cashing out some money again.

Where do I see Bitcoin moving next? I do believe that the recovery is happening and we will see BTC breaking the All-Time-High price and going above 105K before we see any dumps in the market, especially with the end of the year coming, there should be a push before another dump so that the market can recover again on January especially when Trump gets elected.

I shared yesterday some coins with you and they are +15% today. If you really looking to benefit from this recovery, get some of these for quick profits ⬇️

$RSR Entry : 0,015 | Goals : 0,3-0,35

$DYDX Entry : 2,2-2,3 | Goals : 4-5

$MEME Entry : 0,014 | Goals : 0,025-0,03

RSR
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0.01096
-3.46%
RSR
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-3.48%