Huge PUMP or huge DUMP? đ€«
Hello to everyone. I didnât update for a while is not because Iâm lost or other reason. Itâs just because of Iâm really busy on my own working and my own cooperation with another exchange. Here I come now.
Letâs back to the chart together, on the Day chart, we can notice a very beautiful double top mountain. And currently BTC is facing a very strong support at 61K area. This is the first scenario that we facing now.
Second, we can also notice that the price of BTC is standing firm above 61K but MACD is going bearish. In this case, we can expect a massive drop if BTC break down under 61K. In the other side, if BTC canât break below, then it will pump back up.
From my point of view, BTC is more likely to go down because when we pull out for a bigger picture on 3D chart, BTC is obviously downtrend. So my strategy is open SHORT when BTC goes up to my ideal price range.
If you agree with my POV, hit the follow button or tip me so that you wonât miss out my updates. Thanks for your support and all the best in 2024. Peace and love â€ïž
