Hello to all friends. From the last post I share about BTC will face a massive drop. And yet, from the chart I read for now, itโs still bearish and Iโm still holding my POV.
Today you might listening from the news about HongKong is going to approve BTC and ETH (ETF). But is this going to pump BTC back to 73K or even 90K? My answer is definitely no. After a decline from 73K to 60K, BTC is now looks like climbing back with the news about HongKong approving ETF. Donโt forget also about BTC is going to halve within a week.
With all these good news, BTC is really looking good and it might pump. BUT! Donโt forget how the whales play among the price. Last time when we heard the news about HongKong approving cryptocurrency, BTC drop and cause everyone loss. This is how the whale leaks out the news and hope everyone get on the car. So that they can once again fool with us.
So, in this case, I donโt looks into any news and I donโt believe in any rumours. I trust on the chart and my analysis on market act. BTC might pump up to 68K or maybe 69K, to have a fake shadow for everyone looking as pumping. Once everyone get in the โBULL CARโ then they dump it back to 52K area. This is how the tricks they gonna play.
Iโm not sure youโre agree with me or you treat me as joker. Im not GOD, I canโt predict 100% correct. Iโm just holding the same POV and Iโll open SHORT around 67-69K (see how the price go). Last but not least, if you agree with me, donโt forget to hit follow button. Thanks for your support and all the best in 2024.
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