In the last few months, inflation in the USA has been below expectations. and markets began to not react to bad news.
Although not as much as the 2021 bull season, it is possible that we will reach the level of $ 35000 in the next few months.
please manage your own risk.
Hello traders! imo, bitcoin is still not doing well. That's why I decided to look for a short position.
My orders will be placed between 0.618 and 0.705. If the price goes above 0.79 and closes the 4h candle above 0.79, I will close my position. Manage your risk!
As you know, we saw a FOMC meeting and it caused a pump. However, we have an unfilled wick from December 4, 2021 and contracts with a max pain price of $49k on December 17th.
On the other hand, the pump in the 15th range could not exceed the levels we saw.
Let's see what happens!
It is possible for Bitcoin to experience a pullback at this point. But I don't think this pullback will end the bull season. Price Pullback will be up to a certain point. If the price cannot hold well in the 37-38 thousand range, it would be logical for me to think that the bull season is over anyway.
Once the price reaches the 58-59k band from this point, it...
Bitcoin doesn't seem good for little time frame.
Because of thaht reason, i want to try little short for Btc.
But i dont think Bitcoin will break daily low.
Bitcoin lingered a lot in this price zone, I don't think it's a logical situation to linger so long.
I think at the level of $ 41300, investors sold their goods and there are no new buyers for Bitcoin at these levels.
Earlier than that, the $41000 and $42500 range was a sell zone for bitcoin. I prepared a short setup because, thought it could not exceed the...
hi guys, we are in a bad time for bitcoin this drop has scared many investors but I am waiting for a return from here to complete wyckoff.
27.000-27.500
27.000 to 27.350 is the range I set to enter a long trade.
Remember that it involves a very high risk. The decline could deepen and bring the entire market to an undesirable level.
hi guys. Although not very reliable, I think Bitcoin will return from this range. When we look at the on-chain data, the same similarity was seen on January 20-21. Returning from support, Bitcoin witnessed a larger decline when it encountered resistance. The data match.
Please trade at your own risk.
If it closes above the green channel, stop.
Bitcoin failed to show the expected reaction after the fall.
Therefore, I think it would be logical to open a short trade. I don't see any bullish signs on the chart.
If it closes hourly above its green channel, I will close the trade.
