🚨 Quick #BTC Analysis 🚨
Well seems finally worst rally is over, Bitcoin has changed its dumping momentum as previously it was planned dump while now i can see every retailer or major guy is dumping and selling short,
This is what they wanted and were planning,
Now that dumping is done, we will see quick recoveries because there is hell of liquidity sitting at $43,000 and above, roughly $2.4Billion.
Keep this pattern in mind, now once Bitcoin hits $55,000 to $60,000 area, we will see corrections to $45,000 and below area. Market will move both ways, it will sweep shorters and longers in same weekly candles.
‼️Whenever you feel that you are unable to understand movement of charts, go for daily and weekly charts, check btc movement and you will understand how broader perspective can help you understand the perfect momentum ‼️
Now you will understand that building positions are better ways to understand this space, forget about red portfolios, because if you learn to manage risk, you will make hell of money without losing a penny in coming days,
Choice is yours, either you want to become gamblers or you want to become a respected and responsible trader, who will be a mentor to thousands of newbies, #DYOR🟢.
