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MihaiDanielBMK
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Crypto Market is down ? Did you know that Amazon stock was down more than 90% in the past ?
Avertissement : comprend des opinions de tiers. Il ne sâagit pas dâun conseil financier. Peut inclure du contenu sponsorisĂ©.
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To remain bullish Bitcoin must close the day above $59,600
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Bull run first and bear market after this is what 90% of market is expecting
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To keep the bull market going for bitcoin we need to break above 62.000$ in the next 10/20 days and also we need to stay above 49.000$ if not the bear market can start . I am not bearish I just say what I believe
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#Bitcoin is in an interesting position on the technical chart, showing a potential *reverse head and shoulders* (Hs) - a trend reversal pattern that indicates a possible major rally. This pattern consists of three consecutive lows, with the middle one (head) lower than the other two (shoulders). At the moment, the price needs to approach the $70,000 neckline to validate this tripartite, and a confirmation above this level could trigger a strong upward push. The price target suggested by this pattern is around $74,000, a level that could attract the attention of traders and long-term investors. However, for this scenario to materialize, it is essential that Bitcoin retains its current support and continues to see increased trading volumes.
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I think that this correction is 90% over and curent levels are a good entry point ! đđ°
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