Are there still people who mock me when I say that if there is a full moon, the market always declines. . . ?
and previously I also reminded everyone to be aware that the market will experience another decline.
Please check for yourself on the chart $BTC CME GAP. It is very clear that there is a fairly large gap there. The gap is at $60,845 - $58,790. SOONER OR LATER We will get to that price. as happened many times in the past the Gap Must be closed. plus MT. GOX is not finished yet to distribute BTC and BCH to its users. and there are also rumors that England is being pressured to sell some or all of its Bitcoin. and need to remember again. The US holds confiscated BTC, it is not impossible that they will also sell. Because BIDEN does not support Bitcoin.
What's worse, all these signs make it possible that we could reach the price of 52K, even as deep as 48K.
Next, if we look at the 1 Month Timeframe on chart $BTC , we have not yet reached the oversold area of the RSI or Stochastic RSI. because in the saturated sales area there is a lot of buyer interest. and we need that drop to help lift $BTC to 100K. If that doesn't happen, we will never see Bitcoin reach 100k. because to reach 100k you need a lot of money. and if we don't reach the oversold area. Many people will be more interested in Alternative Coins than Bitcoin.
Stay alert, never go all in. the best strategy is Dollar Cost Averaging (DCA) at certain price points.
See You Again when Bitcoin price hits $60,845 - $58,790. Thank you 🙏
#Binance #BTC #BNB #ETH
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