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Gdpredador
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volume validates price movement
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NEAR
5.016
+0.86%
950
0
Replies
2
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1
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Gdpredador
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the 90k was an important demand region. but the purchase orders have been consumed and soon the price should cross $BTC
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vai falar eu não avisei que Bitcoin iria derramar. eu avisei. $BTC
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How long do you think this 90k will hold the price? this absorption in H1 has low volume. and to become a defense it needs continuity from the attacking tip. which judging by the volume there won't be. Bitcoin needs to correct to gain asymmetry, this is necessary. the supports are around 85k and 75k respectively. These are regions of interest, stay tuned.
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The downward movement we saw now could be the beginning of a C wave, especially given the volume in the bearish candles. Continuity from the seller would confirm this. and taking the price to the luck levels of 85k,86k or 75k,76k could be a strong and abrupt correction. which may not hurt altcoins as much due to high demand. and after that the correction cycle would be complete and the path would be clear for bitcoin to rise again and renew new historical highs.
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short in bitcoin. bitcoin could fall by up to 75 thousand times before resuming the rise. if the movement is confirmed. this would be a C wave correction. confirmation of the first downward movement. but it could be a quick and abrupt movement. but you can't sell altcoins. although they will fall. there is a lot of demand. the moment bitcoin resumes they explode
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