Markets don’t go only straight up or straight down, market a

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MihaiDanielBMK

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Markets don’t go only straight up or straight down, market are unpredictable most of times, long term trends and targets can be estimated, don’t rush don’t do drama, make a plan , ask around for advice if you don’t know what you are doing.

Markets don’t go only straight up or straight down, market are unpredictable most of times, long term trends and targets can be estimated, don’t rush don’t do drama, make a plan , ask around for advice if you don’t know what you are doing. 

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MihaiDanielBMK

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If #Bitcoin closes the week above $67,800, I am very optimistic, we remain in the bullish trend.

Do not short Bitcoin ( don’t short bitcoin with leverage) this weekend , if bitcoin pump back to 71.000$ short positions of over 1.4 billion dollars will be liquidated! Be smart

This could be a bear trap or a legit down leg, the market gets in the panic mode very quickly easy . As long as we are above 69.000$ we need to wait for a market confirmation. On 4 hrs and 1 hr charts for Bitcoin we have a bear flag which can take us to 67.000$ that zone is more solid as support then 69.000$

Relax don’t stress, for now bitcoin is on support area around 69.000$ but if we lose it we have a very strong zone of support around 67.000$ level. Bitcoin is in bull market but some altcoins are in bear market ( polkadot for example, arbitrum , portal )

You can be as bearish as you want but we are still in uptrend, this is not a bear market , just some long are flushed! First wait to have so serious downtrend confirmation, only when market close 24 hrs below 65.000$ we can look for real support levels. Remember when you panic sell there is a buyer there for your sell order

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