Bitcoin Capitulation is coming…..
19K won’t hold any longer .. still in bearish and I knew this all along even so the capitulation is near. So we be seeing the big crash during this bear downtrend.
Short buys don’t trust or try that even if your a very high risk taker.. be extremely careful because it’s volatile, while we be seeing the shorts these are the targets but first obviously down 17K even.. short retrace.
The bottom buy zone I see still 12-10K area .. if these zones doesn’t hold then buy about 6500 area even the dip. If those buy zones expect the bulls to take over and won’t overcome then we will see down to 2000 area.
So we are still bearish again don’t think we are bottomed it’s too soon , too early.. because the Feds still will go aggressive increase high rates , the midterm election, USA is in the recession and worst of all 3rd world war is coming.
Trade safe and let’s watch this fall
Short buys don’t trust or try that even if your a very high risk taker.. be extremely careful because it’s volatile, while we be seeing the shorts these are the targets but first obviously down 17K even.. short retrace.
The bottom buy zone I see still 12-10K area .. if these zones doesn’t hold then buy about 6500 area even the dip. If those buy zones expect the bulls to take over and won’t overcome then we will see down to 2000 area.
So we are still bearish again don’t think we are bottomed it’s too soon , too early.. because the Feds still will go aggressive increase high rates , the midterm election, USA is in the recession and worst of all 3rd world war is coming.
Trade safe and let’s watch this fall
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.