Bitcoin Check - US ELECTIONS + Market Manipulation
Haven’t posted in a while and as usual I don’t post a lot of indicators but the monthly RSI touched the overbought ceiling not too long ago and it needs to rest before any institutions decide to make big buys again, I don’t see the price going any further and staying there a long term, volatility might even bring another peak (ATH) onto play but it won’t be sustainable, the red line is a very strong support at around $48,000 which I feel is the next LONG entry for a very pleasant ride to next level in price which will be somewhere where the orange circle is at
US elections might come into play for the new temporary peak or help Bitcoin hit that critical support so that we can keep going up, Trump NEWS supporting cryptocurrency specifically Bitcoin is nothing else than usual market manipulation as you can see the price didn’t nothing but dip and I do expect it dip even further as mentioned before, remember the price will always crush souls, dreams, hearts and stop losses before it hits the level you’re expecting
This is not a financial advice just the way I see the panorama, keep up the tradings! We need the volume
US elections might come into play for the new temporary peak or help Bitcoin hit that critical support so that we can keep going up, Trump NEWS supporting cryptocurrency specifically Bitcoin is nothing else than usual market manipulation as you can see the price didn’t nothing but dip and I do expect it dip even further as mentioned before, remember the price will always crush souls, dreams, hearts and stop losses before it hits the level you’re expecting
This is not a financial advice just the way I see the panorama, keep up the tradings! We need the volume
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