He said there was no need to worry: the downward structure at the last local growth was preserved, and the indicators were generating signals for a decline.
As part of our short position: We took three TVH and three goals, profit: +84%. Net movement: 4.2%.
What's next... the weekend may pass quietly, perhaps with a slight increase to 66-67k. But with the opening of the new week, most likely we will continue to move towards 60k and below, towards 55k.
I am still counting on a mid-term growth correction, but we are about to see its end and the impulse start of a full-fledged bullish growth phase - after halving.$BTC
• It is better to set the stop outside $3800, with a small margin. Mommy's homeless traders, get the fuck out of your thoughts. To the morons who said that the cue ball would be at 73 today, say hi #333
I’m not worried, because I set the stop correctly (with a margin, for 69k), and the price, with a rebound from 60k, only reached 68k. This was a short-term correction of the last fall.
The downward structure still remains, and indicators are generating downside signals.
Although the rebound from 60k is good, there is no volume, and there is no penetration of 70k either. In my opinion, this is just taking out short positions.
So... I hold short positions within the current medium-term decline. Where are those professionals who commented on me yesterday and promised cue ball at 73 today?? Disabled people
#333 ❗️ It is important to be able to take a break from the market, at least 1-2 days a week.
According to observations, all “rainy days” occur during extreme fatigue and weekends. So, make it a rule - Saturday/Sunday is off-limits. Of course, I don’t adhere to this rule and work for you 24/7.
Fibonacci retracement levels indicate that BTC will likely consolidate in the $50,000-$60,000 range in the coming days.
Meanwhile, the weekly BTC chart shows interesting price dynamics around Fibonacci retracement levels during bull market periods.
Historically, BTC price has often tested the 0.618 level after reaching the ATH. If history repeats itself, Bitcoin has every chance of falling to $50,000.
I'm always right 😎
$BTC remember friend - any falling is a reason #поднятся
I have already noted the area where#Bitcoinwill fall a very long time ago - this is 60k.
Now the question is whether the medium-term decline will continue, or rather, a deeper correction in growth... I think so. Especially on the threshold of halving - in the next month there may be a pullback, followed by an impulse growth, significantly higher than the new ATH.
Where can we fall? If we don’t see a full rebound from 60k, then the following decline marks will be:
• 58k — intersection of the 61.8% Fibonacci level and the broken resistance line.
• 50k is an important psychological level at the intersection with the support zone.
I don’t consider it below, and it is from these marks that we can rebound and continue global growth. ❗️You can trade short, but on the spot I see an excellent opportunity for long-term purchases.
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