As bitcoin begins its ascent to $50k, we can see that price has done exactly what was expected, and what was forecasted in previous postings.
Price will always go where it will f*ck over the most (retail) traders. As we can clearly see, price came down to liquidate the bulls’ positions, and will now continue its ascent upward to liquidate the bear positions in the coming days/weeks.
Price will always go where it will f*ck over the most (retail) traders. As we can clearly see, price came down to liquidate the bulls’ positions, and will now continue its ascent upward to liquidate the bear positions in the coming days/weeks.
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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.