Bitcoin / TetherUS
Long
Updated

Bitcoin is gathering a lot of liquidity.

195
Given the general expectations for the growth of the price of Bitcoin and cryptocurrencies, my prediction is for the rapid growth of the price of Bitcoin and a sudden break of the resistance areas up to 102 thousand.

Of course, if it is unable to raise the required liquidity in these areas, it is likely that the decline to lower areas will continue until late December.

If you are trading long-term and have been lagging the market so far, the current area is suitable for a step entry in most cryptocurrencies, you can take a buy step.

Please keep in mind that this is a personal analysis and opinion. Your trading risk is solely your own.
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It seems that the desired liquidity for growth did not reach sufficient levels and the second theory is being implemented and we will be accompanied by a decline in the price of Bitcoin.

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