Why does the market suffer currently?
Considering the market dynamics and unknown insider trades, paired with the BTC hype and its market and tech a_nalysis, I assume two major situational centers of gravity for the current and further development
Firstly, continuation of the bullish trend based on daily and weekly chart instruments as MACD, Bollinger, RSI / Elliott. Secondly a shaking off of weak hands (small and weak long positions of regular traders) before the next higher high formed by wave 5 or B.
The target within my a_ssets remains 112-118k, or further continuation (best case scenario)
That’s why I keep on holding MY long positions.
If you’re not invested - No solid a_ssessment possible from my point of view
Do you agree?
Cheers crypto pioneers!
Your T4P
#CryptoReboundStrategy #BTC100KTrumpEffect
Do your own research. No financial advice $SOL