#Bitcoin - thoughts out loud #16
Updated
Good evening, we are from Ukraine!
I've been watching the chart since Friday and I can identify several key facts in favor of the long scenario:
1) there is no floating supply on the market at the moment.
2) there is no resistance above the local highs.
3) the news background is negative.
4) and most importantly, "someone unknown" is actively buying up almost the entire supply.
But there is a downside, there is a lack of results and progress on the chart, the situation should improve in the near future, or the asset will depreciate, the third is not given.
Taking these facts into account, I can only say one thing, everyone get ready, because on the 7th-8th of this month, something very incredible awaits us all.
I wish you success and all the best!
I wish everyone who reads this success and prosperity.
Sometimes you win/sometimes you learn.
#Bitcoin
I've been watching the chart since Friday and I can identify several key facts in favor of the long scenario:
1) there is no floating supply on the market at the moment.
2) there is no resistance above the local highs.
3) the news background is negative.
4) and most importantly, "someone unknown" is actively buying up almost the entire supply.
But there is a downside, there is a lack of results and progress on the chart, the situation should improve in the near future, or the asset will depreciate, the third is not given.
Taking these facts into account, I can only say one thing, everyone get ready, because on the 7th-8th of this month, something very incredible awaits us all.
I wish you success and all the best!
I wish everyone who reads this success and prosperity.
Sometimes you win/sometimes you learn.
#Bitcoin
Trade active
After the weekend, a clearer situation has been formed for our own understanding, which indicates that locally the price of the first cryptocurrency should stay above 28680, in other words, a false breakout of the lows and an additional test of floating propriety to squeeze weak hands out of the market. The target is 28680-28700, the support range from which we can see the resumption of the upward movement.
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