Can 50k be a passibility
Yo, what’s up guys really quick I’m gonna give you a TA on a possibility. Why 50 K could be incoming or is this a fake out with the market cycle that we are in in the moment?
We have a lot of indicators right now at this moment with the flow trending into the downside on the daily timeframe also to confluence we have a lot of liquidity sitting right below 57K all the way down to 50 K. So confluence frames are looking perish with money, flow, and putting bearish divergences on market cipher B.
We need to understand that we are in a different cycle this time makinnew all-time highs before the bitcoin having. Full transparency, I have a short at this moment with low leverage and high capital, the chart is pointing to the down side but this cycle wants more upside.
We have a lot of indicators right now at this moment with the flow trending into the downside on the daily timeframe also to confluence we have a lot of liquidity sitting right below 57K all the way down to 50 K. So confluence frames are looking perish with money, flow, and putting bearish divergences on market cipher B.
We need to understand that we are in a different cycle this time makinnew all-time highs before the bitcoin having. Full transparency, I have a short at this moment with low leverage and high capital, the chart is pointing to the down side but this cycle wants more upside.
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