From my latest Bitcoin analysis we have profited over 9000-10000 points from short selling above 51000-53000 usd
What do I think for the next move?
1. The bear market isn't over yet. Fomo trader, Euphoria, or Bull-trap these common things are essentially to understanding the cycle and market movement. Here me out, if 80% of y'all thinks Bitcoin will go to 100k or 300k whatever. Try to understanding how volume works in markets, the higher sentiments are and the lower volumes are, it is slightly that 20% of whales or smart money are setting the Bull-trap or false breakout on Fomo trader and Euphoria.
2. The price will dump to the Fibonacci level of 0.236. We might see a little rebound from this level. But our final take profit points are 0.618 of Fibonacci level from Lower low to higher high since 13 Mar 2020 - 16 Apr 2021.
This is not financial advice. Do your own proper research before taking any movement on market.
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