The last drop killed to many new investors, they will never come back.
The price need to drop more to brings the olds traders back in it.
Right now, i don't feel any rush to buy BTC 3.89% so i'm pretty sure 9k was not the bottom.
BTC 3.89% trade on technical and i think it will follow the same correction pattern it did last time as a clone pattern.
I'm not short right now ill update this post when ill enter position at the end of the corrective C wave like last time.
You can long if you want, i think its safe for the moment but i won't go against the trend.
The price need to drop more to brings the olds traders back in it.
Right now, i don't feel any rush to buy BTC 3.89% so i'm pretty sure 9k was not the bottom.
BTC 3.89% trade on technical and i think it will follow the same correction pattern it did last time as a clone pattern.
I'm not short right now ill update this post when ill enter position at the end of the corrective C wave like last time.
You can long if you want, i think its safe for the moment but i won't go against the trend.
Note
If you missed the entry at 13k, you can take the next breakout.Note
Last breakout from 10k was great. The next breakout will take us to our 6k target.Lets check what the price will do at the next level and we will take position after.
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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.