🔥 Bitcoin: All Signs Pointing To Deep Correction
Over the last few weeks I've been repeating the same message over and over: the ETF launch is NOT a moment to buy and will most likely lead to a short-term correction. The ETF, combined with long-term resistances & bearish divergence made it a statistically bad time to buy.
After a ~16% correction from the top, we're now trading around the 41k area. In my view, we're soon going to test the real support of the 4 month bull-trend: the 40k support.
The battle will be fierce, but I expect the bears to pull through. 40k will be lost and a bigger correction is due.
My target for the next couple of weeks is the bottom yellow support of the channel.
After a ~16% correction from the top, we're now trading around the 41k area. In my view, we're soon going to test the real support of the 4 month bull-trend: the 40k support.
The battle will be fierce, but I expect the bears to pull through. 40k will be lost and a bigger correction is due.
My target for the next couple of weeks is the bottom yellow support of the channel.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Publications connexes
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.