BTC maybe fall?
Taking a brief reading of the Bitcoin price structure, I see the ongoing construction of a distribution process, that is, momentarily falling in price, and so we have the possibility to see the price at 20k again.
I honestly wouldn't like to see the price go back to that level, however, the market is sovereign and does what it wants.
Now, when it comes to Bitcoin, this speech about the influence of the FED, Inflation from I don't know where and etc only serves as an excuse for manipulation, because that's where I know it came to be against or part of it and not part of it.
So, don't fall for that, study the price structure and always look at the volume
Good luck to everyone
I honestly wouldn't like to see the price go back to that level, however, the market is sovereign and does what it wants.
Now, when it comes to Bitcoin, this speech about the influence of the FED, Inflation from I don't know where and etc only serves as an excuse for manipulation, because that's where I know it came to be against or part of it and not part of it.
So, don't fall for that, study the price structure and always look at the volume
Good luck to everyone
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.