BTC/USD. *Bitcoin is about to drop to $7500-7000*
מעודכן
Hi there. Here are my thoughts about Bitcoin for the next days.
I think it has to drop more. Next target should be $7500-7000. I know that most of my analyzes are bearish and that is not liked by people, but it is the way I see the market. I don't see any intention to change in the short term, since the new investors don't want to invest their money to have seen BTC fall from 20k.
The chart pattern is a bear flag . It can break down doing an ABC , or an ABCDE. So if you want to enter a short position, you should wait till the breakout happens (this is not a financial advice, this is only for educational purposes)
In my opinion, the next bull market will be when BTC passes the
12K resistance. Until then, I don't think we can consider that a new bull market has started.
Legal disclaimer: *THIS IS NOT A BUY/SELL SIGNAL. Try to do your own research before trading.*
I think it has to drop more. Next target should be $7500-7000. I know that most of my analyzes are bearish and that is not liked by people, but it is the way I see the market. I don't see any intention to change in the short term, since the new investors don't want to invest their money to have seen BTC fall from 20k.
The chart pattern is a bear flag . It can break down doing an ABC , or an ABCDE. So if you want to enter a short position, you should wait till the breakout happens (this is not a financial advice, this is only for educational purposes)
In my opinion, the next bull market will be when BTC passes the
12K resistance. Until then, I don't think we can consider that a new bull market has started. Legal disclaimer: *THIS IS NOT A BUY/SELL SIGNAL. Try to do your own research before trading.*
עסקה פעילה
Last leg down for BTC. Target is more clear now ($7200-7300). We have to wait till BTC breaks down the bearish pennant that has been formed.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.