scary, keep an eye on btc for any possible entry point soon
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Medvedje
$BTC is currently struggling staying above the golden level on Fibonacci chart which is the last support level (62.8k)
a day candlestick is about to end in 1 hour, if it closes below the support level its turning into a resistance level which means an inevitable dip 🧨
this could be the last chance for a sooner rebound, otherwise it would have to drop for a correction on level 0 (59k) and prob even further to 48-50k ⬇️
US Dollar Index has been maintaining its level letting lower Bollinger Band expand further making a support line before pushing further towards 106.8 which is a new lower high, this could gurantee the dip (assuming it wasn't already planned)
the market has been a mess, all manipulative. we cant predict the future we can only analyse and follow what we learned about trading and market makers, dont trust anyone who tells you this's the best time to invest, they're just using it on their own interest
every sign is bearish at the moment, unless BTC and altcoins show signs of reaching higher levels, always predict the worst case scenarios
as always, do your own research. every scenario is possible during halving week
goodluck everyone
#BullorBear #bitcoinhalving #write2earn🌐💹
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