I’m now expecting a correction to $95,000-$100,000.
After that, the bearish phase kicks in, targeting $5,000.
After that, the bearish phase kicks in, targeting $5,000.
Trade active
For now, we’re waiting for a correction:After:
Seems unreal, but I’ve thought a lot about why there are orders around $5,000 on Coinbase and $4,000 on Bitstamp.
Traditionally, markets dump after rate cuts, and Trump needs that reset to relaunch the U.S. economy.
Yes, there will be shocks in both the stock and crypto markets. It’ll hurt for 1-2 years.
But then, Bitcoin will be scooped up at lower prices to refill U.S. reserves.
In the future, we could see a massive Bitcoin rally—maybe even a Bitcoin Citadel :))).
Trade closed manually
Closed idea = $87300I am closing all positions on cryptocurrencies. Since the sales volume on the Bitfinex exchange has started. And on the Coinbase exchange, orders from $ 69,000- $ 76,000 were placed to buy out the fall, also there are a lot of liquidations of long traders.
Bitfinex:
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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.