Hello my dear friend's
How are you all?
Well, Bitcoin has reached the seller’s zone, which, based on my calculations, was roughly correct—just slightly short of 90 thousand. Now I plan to wait for a correction on Bitcoin. I’ve marked the primary support zone in green on the chart—the first one there—and the indicator gave a short signal on the hourly timeframe. I hope this short plays out, as a healthy, normal correction is standard for a market like this. Bitcoin has been growing relentlessly, so I think it’s time for at least a pause, with some consolidation in the 88-85 thousand dollar range. Ideally, we’d see a correction down to the 80-78 thousand dollar range.