1. because of time correction (until April)
2. we have to see 79% retracement
3. and there is a Big retracement running
Ad 3) - True.
Ad 1 and 2) - still why? Why 79% (not 70% for example) why until April? (Don't see reason why not till mid march or end of February, for example sake)
France and Germany will make joint proposals to regulate the bitcoin cryptocurrency at the next summit of the G20 group of major economies in Argentina in March, French Finance Minister
Although no one knows in beforehand. And Merkel and Macron have no stakes in crypto - they might sacrifice it very easily. .... I admit, that I expect mainly FUD before G20 and FOMO after.
Yes im agree but in point of technical view, there will be huge volume and big guys will take retails out, because of that, maybe we see the levels that can be painful for some retailers. ( just my opinion)
I personally will wait on the 6100 and I will see how it will go... I will probably decide on the spot.
for me the best scenario is 4000 and Nice Bullish divergence on RSI