BTC reached its peak of $73k. Next is a correction wave then back to a $72k bounce then continue the correction wave until probably 60k then bounce up then a quick flush crash for all markets, not just crypto. Why? Everyone is now using leverage(futures, CFD) and few are interested in buying without borrowing. That is also why you can notice many exchanges have been only listing coins in the futures market.
Flush, then the great run of the century to $200k+
But flush to 38-28k I see it as a necessary thing and part of the system design of all markets.
Invalidation is daily close above
73K
Flush, then the great run of the century to $200k+
But flush to 38-28k I see it as a necessary thing and part of the system design of all markets.
Invalidation is daily close above
73K
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NxGen Crypto Signals APP I post in the app top profitable signals. Available on iOS and Android crypto.eblock6.com/nxgen-app
Free Telegram Channe: t.me/NxGenApp
Free Telegram Channe: t.me/NxGenApp
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.