Do you believe that cow will first drop below 0.8 or rise to 3 dollars?
My answer is definitely to rise to 3 dollars.
As for why I am so certain.
I am looking at it from the perspective of the main force, and from the 15-minute or 4-hour chart, this coin will definitely drop.
But the fluctuation range is very large, have you noticed?
Every time the pull-up opens a large area.
The reason I enter the market is simple; the trend may not necessarily be for people to see, it might also be to set a trap for you.
For this price hot coin, if you do not conservatively go long and choose to short, I find it hard to understand such people.
I usually die in dragging orders; as long as I focus on one coin, to be honest, I rarely lose.
Earlier, I also mentioned that the big pie will not drop below 90,000, although the trend is shaky and might drop near 87,000, but the force of the selling is so strong that it only dropped to 92 before rebounding. Of course, it cannot be denied that this selling was an experiment during the main force's escape, wanting to see how many people below are deeply going long, and how much capital is looking to go long on Bitcoin.
But still, as I said, a coin that is clearly good for pulling up is still declining; I feel the main force is accumulating, just waiting for the right time to explode.
Why is cow so good for pulling up? First, the bullish sentiment is high, and the bulls cooperate to pull up, reducing pressure. Second, only about 10% of the 1 billion volume is circulating, and in reality, retail investors hold very few chips. Third, the main force wants to profit from this coin and take the big meat, so they have to pull up; the higher they pull, the more floating profits there are, and the easier it is to sell.
Go take a look at the WLD coin; it previously dropped below 1 dollar and then continued to rise for several months.
I think there is a good chance that cow could be a monster coin for the New Year.