When you have trouble understanding market movements…
Zoom in on the chart!
Take a look at the monthly chart of Bitcoin:
Bitcoin has retested its previous all-time high, and there is one day left to see how this candle closes.
It doesn’t matter if Bitcoin drops to around $50,000, we are still bullish.
The problem is that if it decides to break below this level, we will face some tough times.
There is some imbalance in the market, and the price may move in the coming weeks because of this, because the price cannot rise without self-balancing and taking a break (which means preparing market orders to move the price, constantly looking for liquidity).
Next, I will prepare some coins suitable for bottom-fishing, output them in Daxian’s "Return Plan", and come to find the way if you get lost ➡ "点击领取回本计划"
