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Malik Israr Ahmad
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#BTC
Bottom out?
Chart showing Hidden signals.
Tripple Bottom on 1H.
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Malik Israr Ahmad
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#BTC is looking little bit better. Volume starts to come in!
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Whales and Exchanges are creating selling pressure on #BTC . Next stop for #BTC is $58.5k. Buying bids slightly moving lower. I don't know where #BTC will make Reversal move. But I will surely tell u incoming supports in my next post Inshalla.
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#BTC is testing again and again $60K phycological support. Volume is also looking low. Next nearest support is $58.5K. Breaking of $60K support will bring #BTC down to $58.5K zone. Tighten your Stop losses . NFA
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It's been 1051 days since the global crypto market cap peaked on November 15, 2021. The longest-ever crypto market cap drawdown lasted for 1,106 days from Dec 15, 2013, to Dec 25, while past cycles drawdown lasted for 1096 days from Jan 7, 2018, to Jan 7, 2021.
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Be cautious it's might a bear trap. 65 % Liquidity has been tackled by whales. remaining is less Probable. It's just to flush out low leverage traders if it happens. NFA #BTC
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