Hello Folks!
Here is my idea, this advice is just mine and it's not an investment advice. I want to share it with you.
All traders here are talking about falling and red, so let's talk a little bit about the inverse and green scenario and that what I believe.
What is currently happening with bitcoin is just a correction to rise again and break ATH. But the main reason for this correction is to make the altcoins dumping, bitcoin dominance is dropping day by a day, this means whales are accumulating.
So I don't think Bitcoin will exceed the price 47k$ (45k$ max) this time. It will continue to rise again from these levels towards 80k-88k especially when it reaches a very strong support, And next we will see a big dump to 28k-30k.
Peace!
Here is my idea, this advice is just mine and it's not an investment advice. I want to share it with you.
All traders here are talking about falling and red, so let's talk a little bit about the inverse and green scenario and that what I believe.
What is currently happening with bitcoin is just a correction to rise again and break ATH. But the main reason for this correction is to make the altcoins dumping, bitcoin dominance is dropping day by a day, this means whales are accumulating.
So I don't think Bitcoin will exceed the price 47k$ (45k$ max) this time. It will continue to rise again from these levels towards 80k-88k especially when it reaches a very strong support, And next we will see a big dump to 28k-30k.
Peace!
Note
BTC price goes into the targetit raised from 47k to current price 59k
soon we will touch the strong resistance between 80-88k and we will dump hard, (altseason fomo start)
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.
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.