hamidking82

is BTC on track ?

Short
hamidking82 Mis à jour   
CRYPTO:BTCUSD   Bitcoin
you might wonder , now that we had some good bullish days , will it keep going ?

well in long-term yes , i officially claim that bull market is over , BUT ;

in Short-term , i still believe after such high volatile bearish market that almost took one year and half to finally finish , now bitcoin needs a lot of LIQUIDITY for the bull run we all expect .

but how will it accumulate liquidity and where will it form ?

Good question !! finally . let me explain .

BUY side liquidities are price ranges (zones) that investors find price rather UNDERVALUED .
so what they do in contrast is that they buy to keep for long-term .
AND BELIEVE ME WHEN I SAY THIS :''BTC CAN ONLY GO HIGHER IF LONG-TERM INVESTORS START INVESTING IN IT "
well also if miners would finally kindly stop selling their BTC . 😊😊 PLEASE !

so what happens is that market starts going lower and lower to give these investors the opportunity to participate .

to rap it all up , in short-term i guess market will see prices bellow 25K . its a huge thing to say and there it is i said it .

but this year we will go near or even above ATH of 69K .
Transaction en cours:
its starting folks !
Commentaire:
ok so 27600 level was touched today , and i believe we still are gonna go lower , BUT , from this point forward i will make comments more frequently as i now am worried about the possibility of a reversal move , why ?

i see exhaustion in market , it will go lower but now price (sellers) need a break so a leg up is OK !! don't scare away

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.