We see an effect trend where there is some whale trend hold on the 43K level, when the price goes down, depending on algorithmic trading, the price come back. same time we see also many manipulations trends - be always alert for fake trends, in all ways.
What means this? Bitcoin can change coming time in a huge difference price action - what could bring back to the breakout point target 45400 where did add before about it in day trade chart.
- Study depending on your way or you find that the market is now interesting, this idea is just to give you a share where the market is depending on my study. further, there is not always a reason to enter markets directly.
The goal of this chart is to explain there is a possible whale hold trend on 43K, which could mean coming time a price change.
Where are we now? We are into the level of uptrend - and 44K is an important target to get confirmed for further increase trend. those having long-term plan 44K is a very important point.
Do we have a guaranty that BTC will breakout? there is noting 100% into crypto markets, all depending on data and study, as long you manage your risk well, you are on the good side.
With the coming day trade update, will explain the idea more.
Have a great day.
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