Based on my previous analysis on the 40k support I placed a trade for long on my second little account, but as it is, the account got liquidated, because Bitcoin broke the support and found another support just as I posted between “46-48k”. Updated analysis below.
It’s playing out gradually, just as I shared in my previous post, Bitcoin now sees 40k as a resistance, and if it doesn’t break it, then we are up for a full bearish trend. Although bitcoin has been unpredictable these past few days.
But based on my analysis, we should see a bearish trend wave coming in. A lot of ALTs coin will be affected massively by the trend.
We could also possibly see a massive movement from $BTC either on Thursday 25th of January 15:00 UTC and/or Friday 16:00 UTC.
#BTC to the moon. 🌙
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