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here's my old analysis shared to my community and they are now safely navigating the market without any questions why and what is happening coz they all ready know
while short term bearish in lower time frame like in 15m and 1hr
I'll give you the advance potential scenario to make you more prepared to whatever might happen in the market
please read the following:
hear me out, if trendline support wont hold the chance to revisit the lower imbalances will increase where many potential buyers will reaccumulate with in that area
so in order for bitcoin to regain a strong buying pressure it is healthy for it to revisit at least as low as our trendline support making it resisting again and push the price back above while also creating a FOMO effect for those who still wait below 88k
again there's high probabiity that trendline support might break and that price might revisit lower imbalances
and if market will be able to do that and revisit it!
expect a massive buying pressure with in these price zones
85k , 76k , 67k not accurate price level but surely within this near zones.
Ross Ulbricht, the creator of the infamous darknet marketplace Silk Road, is one of the most controversial figures in the history of cryptocurrency. Silk Road operated from 2011 to 2013, enabling anonymous transactions for illegal goods and services, primarily using Bitcoin as its currency. Who is Ross Ulbricht? Born on March 27, 1984, in Austin, Texas, Ross Ulbricht was a bright student with libertarian ideals. He studied physics at the University of Texas at Dallas and later pursued a masterās