#Bitcoin - thoughts out loud #08
Updated
Good evening, we are from Ukraine!
I expect further depreciation of the cryptocurrency market.
In this phase of the market, we are interested in a supply test in the range of 30,000-31,000, after which the further development of the situation will be clear. There is weakness on the older time frames, but there are variable factors in the market and it is too early to give an accurate assessment.
The end of the trading situation opens up 2 scenarios:
1) Asset depreciation to 17500.
2) The asset's price increase to 3500.
Thank you all for your attention, I wish you success.
Sometimes you win/sometimes you learn.
#Bitcoin
BTCUSDT
I expect further depreciation of the cryptocurrency market.
In this phase of the market, we are interested in a supply test in the range of 30,000-31,000, after which the further development of the situation will be clear. There is weakness on the older time frames, but there are variable factors in the market and it is too early to give an accurate assessment.
The end of the trading situation opens up 2 scenarios:
1) Asset depreciation to 17500.
2) The asset's price increase to 3500.
Thank you all for your attention, I wish you success.
Sometimes you win/sometimes you learn.
#Bitcoin
BTCUSDT Trade active
Good morning. The situation on the chart suggests that there is demand from market participants for the surges in volume. For the asset to gain in price, it needs to resume its upward movement from the range of 26200 - 26500. Otherwise, we can expect the correction to continue.Trade active
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