Short

BTC

Updated

Hello Bitcoin Weekly Analysis In short, the bear market will start in the next two months and in the first phase we will drop to $ 16,000. Please comment

Note

If Bitcoin can stay in the $ 27,000 to $ 30,000 range for another forty days, I disprove that theory, but if it leaves that range sooner and enters prices close to $ 37,000 to $ 40,000, you can be sure it will be shorter by more than 30 days. It is stabilizing in this range, just stay in this range for another 40 days, it will be ready for a huge climb and it will start a very strong movement.

Note

As you can see, bitcoin fell quickly. News says that 27k bitcoins were sold by institutions on Saturday. This is bad news. It's worse than then. Why did they do this over the weekend? Continue for $ 10,000 Why? In the monthly candle, the ma indicator signals a big drop that could bring bitcoin below ten thousand dollars.

aliamir91baba

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