BitcoinLong
Bitcoin will not move up before testing this demand zone
Bitcoin is moving up now but that's an obvious trap to flash crash the price down on more time.
People won't expect another flash crash of arround -10% and will panic sell their BTC to the whales. From there the price will go bullish.
Why do I say this:
Big asset classes in all markets trade of supply / demand zones. That is what the big investors look at before entering the market with big money. There is a demand zone at the 90k - 87 k level that needs to be tested before the price will move up.
Same with ETH demand zones and 200MA at the 3k level needs to be tested before the price moves up.
People won't expect another flash crash of arround -10% and will panic sell their BTC to the whales. From there the price will go bullish.
Why do I say this:
Big asset classes in all markets trade of supply / demand zones. That is what the big investors look at before entering the market with big money. There is a demand zone at the 90k - 87 k level that needs to be tested before the price will move up.
Same with ETH demand zones and 200MA at the 3k level needs to be tested before the price moves up.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.