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Malik Israr Ahmad
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#BTC
Brief Chart Analysis coming in few Hours .
#BTC
is trying to maintain its roots.
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Malik Israr Ahmad
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CRYPTO STOCKS FALL PREMARKET AS #BTC DROPS: 🔸 COINBASE GLOBAL DOWN 5.5% 🔸 BITFARMS DOWN 5% 🔸 MICROSTRATEGY DOWN 5.3% 🔸 RIOT PLATFORMS DOWN 4.1% 🔸 HUT 8 MINING DOWN 5.3% 🔸 MARA HOLDINGS DOWN 4% 🔸 ISHARES BITCOIN TRUST DOWN 2.5% Global Fear Entering in Crypto Arena.
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Greed is worst enemy of Active Gamble trades. Super confidence is also Bear sentiment . Market is shaking out all those late overconfident longs and new retail bulls who thought making money in crypto is super easy. #BTC will move again when all High leverage Gamblers flushed out. #BTC is strong in Fundamentals but not Gambles
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$86K is a Strong Reversal zone for #BTC. Anything below $90K is a blessing .
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#BTC is making Lower low . Also Bullish Divergece is in formation to RSI.
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Start Accumulation in different Assets . #BTC will Bounce Back Soon! NFA
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