And as for the analysis of the dollar price of the smallest continent on the planet... Considering the complete clearing of the sellers at the price level of 0.6600, the last big drop that you saw was just to re-energize the price, which I expect to start an upward movement in the support of the price in the green box... "Not financial advice"
Definitely, the price support of 29,500 Bitcoin is a fake support and will be broken soon. This one-hour bullish correction is only to collect the energy of the next bearish rally at this time. Let's not forget that Bitcoin is still bullish on the daily time frame and targets of $38,000 are available. Not financial advice
Is there certainty in the market? Which category do you belong to? Yes or no I believe there is certainty in the market and you just have to discover it. Bitcoin will definitely lose the price floor of $30,000 and fall. (Of course, this drop is only to get the energy of the big pump) But which area is better for trading shorts???? I take risk on the red box...
In the end, the reins of all markets are in the hands of the great devil "dollar". We must check the dollar index for this analysis of all markets so that we can understand where the market maker wants to take us. In my personal opinion, the recent drop in the dollar index is only fuel for the big pump, which will eventually fall into the hands of this cunning...
Everything about this magical metal proves to be pumped up in the short term. Due to the clearing of orders at the level of 1942 dollars, I am waiting for the failure of this level...
Ethereum also helps Bitcoin to burn market liquidity. In the daily time frame, Eth is getting ready for a pump fake to attract the attention of all crypto enthusiasts and be a driving engine for altcoins. But the whole market is preparing for the day of the accident After finishing this rally fake and big scam, I know the $700 price channel is available for Eth.
Big scam is coming Bitcoin on the daily time is ready for a fake rise for a historic fall. The levels are marked on the chart. I will tell the drop targets in the future. You will be surprised.