📉I think btc will make a dip 📉$BTC
I have been investing in btc since 50k and in my perspective it's a great investment but it's been bullish for quite a long time and now most buyers are taking their profits and price shows signs of bearishness. Most of you have already invested in it but for those who didn't and about to should think twice !
I am going to give you some good reasons for bitcoin to go down . here's key points :
1.**resistence level**: bitcoin made a resistence level right in it's peak and it shows great forces of seling
2.**Chart pattern** : Double top chart pattern formation indicates a good down movement and it will be sure after it breaks the support of the pattern .
3**Market cycle** : Market cycle is known for a market price to go down from it's high and up from it's low.
4**Fair value gab** : FVG is seen in weekly and monthly chart and prices will always go fill them up
5.**sentiment** : markets been complete greedy and most of the time when everyone are buying big share holders are selling o take profits . price has gone to neutral and price will go down till it goes fear
So you can say there's strong reasons for down movements but you may be amazed to know it could go more down than everyone thinks
most investors are going bearish in it and many bullish and they all have their own reason's and if you would share your opinion on what you think will happen to btc may help others
In the end we all have to be patience but if you want you can secure your profits and even make some more and be happy
thanks for reading my post
MonsterCoin....