In this article, I will clearly state the key points and the reasons why I believe the market will grow.
- Looking at the chart $BTC , if you turn on the W or M frame, you will see very clearly that in the past, BTC has not broken the MA52 line, so the possibility that BTC will still create a new peak in the near future is there.
- This rhythm is quite similar to $BTC in July 2021. A wave pulled BTC from 28kx to 69k and ALTs x10 x100 appeared from here.
- This MA52 line when BTC broke the previous downtrend structure in March 2023, BTC from 24k - 73kx, wave 1 for $BTC as well as the BTC period from 9k5 to 64kx in 2020.
- OI opened a long order in the W frame with $30B - Funding the negative weekly frame for the 3rd consecutive week.
- So there is no reason for me to bear this period. I said it, the market grew in doubt and only collapsed in the extreme excitement of traders.
My saying that the 54kx - 58k area is the bottom of this period has clear evidence, not just a mouthful.
So is there enough reason for you guys to be bullish, or are you still waiting for BTC to return to 30k 40k like a fortune teller?
