Retail crypto buyers are not here yet ! Why ? Too cheap , wa | MihaiDaniel on Binance Square

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Retail crypto buyers are not here yet ! Why ? Too cheap , wait for bitcoin price to climb above 80.000$ and then they will come 

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-1.11%

276

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#Bitcoin currently has cascading resistances on 1 hour TF, 20 MA 61,900$, 50 MA 62,800$ and 200 MA 64,300$, the 1 hour chart looks weak and may follow another downward wave if it does not hold the support at $60,600 In this context, I will position myself with pending orders at $57,500 and another order at $54,700

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This correction is not yet over, not until bitcoin recovers 63.800$ , the support is now 60.200$ , if bitcoin lose that region the next level is at 57.000$

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Market behavior in the Bull Market, not everything booms at the same time, some projects boom early, some will boom late, there will be projects that will not perform. Many people will buy too expensive, others will be rich only on paper, some will sell way too fast. It was like that in 2017 and in 2021 and it will be like that in 2024 at the end

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Logic exercise, #Bitcoin Short positions of 2.8 billion can be liquidated if Btc rises to $68,000 Long positions of 700 million can be liquidated if btc reaches $61,000 What would be logical to happen 😎

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February 28, 2018 Balckrock said that Bitcoin investors must be prepared in case they could lose everything, now they also own 362,000 Bitcoins over $20 billion

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