I see many people saying that the movement we had today is a #bulltrap that now we are going to 48000, because of the sales, because of the capital exit... because in China... đ the same thing always happens đ....
No young man, the best thing that could happen is that the $BTC holds in the area above the EMA of 55, makes a range and that's it, for me it would be the best thing that could happen (see image 1), in fact it is what I would like to happen.
Although we remember that it is the weekend, there is normally a low volatility in the market, so the second scenario I have is; a retracement to the 50% fibo, to continue its upward path (image 2)...
The #mercado moves in waves, we must always remember that.
My point of view is clear, I expect a #retroceso to continue rising.
For those who are short-term, this is their chance to take partial profits, put a stop at the entry price, close positions if you need liquidity, this is what I would do if it were short-term and I had entered BTC around the 59,500 or 60,000 area.
It is worth remembering that as investors we have the responsibility to make informed decisions with our own analysis, today has been a very good day for crypto and for BTC.
