We are in the end of this bear trend, but we will fall a little bit more one more time.
Be prepared to the fast fall!
If you are longing with leverage, don't forget to set your stops to prevent liquidations.
In my opinion, in the next weeks, we will fall to USD 2750, maybe with a leg touching the USD 2400 or something like that, and then Bitcoin we will rise up slowly back to USD 3400/4500 level for a few months.
But, this will be the cheapest price we could see bitcoin ever again, so don't think this will be the end! Believe, this will be the begin of the preparation time that market needs to next and biggest Bull rally!
Be prepared to the fast fall!
If you are longing with leverage, don't forget to set your stops to prevent liquidations.
In my opinion, in the next weeks, we will fall to USD 2750, maybe with a leg touching the USD 2400 or something like that, and then Bitcoin we will rise up slowly back to USD 3400/4500 level for a few months.
But, this will be the cheapest price we could see bitcoin ever again, so don't think this will be the end! Believe, this will be the begin of the preparation time that market needs to next and biggest Bull rally!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.