UPDATE 01.05.2024 . With the daily candles looking like this I can say that the key point is invalid, the BTC is down in the correction phase. Even tho there's a gap of 55-56.6K we might see a small bounce, but I prefer the price to touch 52.2K, yes I said that shit. The scenario would be like this; .
BTC touches the ground 52.2K and bounces a bit, then swipes the low 48K If this happened, the result will be sideway, either alt season comes or overall market sideways market
BTC touches the range around 46.6K-42K, and go sideways for couple months
This is a daily candle, so we might expect shit to happen in the long run range(months) and pls be careful because the range is pretty huge, manage ur risk well, this could be ur opportunity . . Stay Safe X.CO . P.S if u want to request outlook DM for pricing ty #BTC #Crypto
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.