BitcoinShort
CAN WE SEE BTC AT $20K LEVEL AGAIN?!
Updated
Answer = Yes!
Everything is possible, but going to 100k level in the next few months, it's hard ( not impossible ) to believe that after BTC halving 2020!
On March 2020, BTC was preparing for up-trending, started at
4K level, new investors were excited to enter the market at 
25K levels. The old investors, exchange markets, miners were ready for the gold moment, the moment which they would sell every single BTC at highest price. Pushed news and tweets from public figures and boom to ~ 
65K level!
That scenario happens before every BTC halving with a new flavor, but ( Halving 2020 ) was spicy with Elon and Jack tweets.
What's done is done, every new investor bought BTC at65K, should wait for the next round, because you have been replaced with an old investor order ( SELL - Old investor vs BUY - New investor ). You can gain some profits by trading ALTS/BTC pairs or scalping with BTC/USD at your own risk.
- We have to break up 77k levels to see a new record to 100k.
- If we doesn't break up
52K levels, we will see $41,500 levels again.
- We have to break down
27K levels to see 20k levels again.
- ALTS follows BTC, and the market in down-trend.
BE BOLD AND DON'T PANIC
DECIDE AND TRY TO MANAGE YOUR WALLET WITHOUT LOSING. HAPPY TRADING ;)
Everything is possible, but going to 100k level in the next few months, it's hard ( not impossible ) to believe that after BTC halving 2020!
On March 2020, BTC was preparing for up-trending, started at
4K level, new investors were excited to enter the market at 25K levels. The old investors, exchange markets, miners were ready for the gold moment, the moment which they would sell every single BTC at highest price. Pushed news and tweets from public figures and boom to ~ 65K level!That scenario happens before every BTC halving with a new flavor, but ( Halving 2020 ) was spicy with Elon and Jack tweets.
What's done is done, every new investor bought BTC at
65K, should wait for the next round, because you have been replaced with an old investor order ( SELL - Old investor vs BUY - New investor ). You can gain some profits by trading ALTS/BTC pairs or scalping with BTC/USD at your own risk. - We have to break up 77k levels to see a new record to 100k.
- If we doesn't break up
52K levels, we will see $41,500 levels again.- We have to break down
27K levels to see 20k levels again.- ALTS follows BTC, and the market in down-trend.
BE BOLD AND DON'T PANIC
DECIDE AND TRY TO MANAGE YOUR WALLET WITHOUT LOSING. HAPPY TRADING ;)
Note
On 7th September, BTC couldn't survive above $52,88840k level has broken down for the second time, first time was 17th May 2021
- We will see $38,200 - $36,500 levels again.
- ALTS follows BTC, and the market in down-trend.
Note: You can gain some profits by trading ALTS/BTC pairs or scalping with BTC /USD at your own risk.
Trade active
On November 2022BTC touched $15,600 level, which was the lowest level since November 2020
Pro traders should make some profits from these levels 15k-20k, don't risk if you are not a pro trader. Investors are welcome to buy these levels, in the worst scenario you are in safe.
Trade closed: target reached
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.