The_Crypto_Samurai

MY MINIMALIST CHART ANALYSIS FOR $BTC

The_Crypto_Samurai Cập nhật   
COINBASE:BTCUSD   Bitcoin
12.12.21
0932H

It seems like it will be a cold December.
We may see a few weeks of a downtrend as FUD settles in on all retailers. The BOX TOPs and BOTTOMS are forecasted future pivot points. It is only a matter of time how soon it reaches my possible target entries in orange, again, depending on how FEAR sets in on all RETAILERS.

This is temporary, prepare to BUY LOW, MAJOR trend is still BULLISH for now. It still has to break the lowest entry at USD 30k before we PANIC, LOL!
Bình luận:
ON A DAILY

RSI is still high. Institutional traders would want to push for the lowest with their HFTs.

Slightly below or above 40k then it will create a bull trap for 30K low.
When it drops 40K a lot of FUD for a sharp 30k. Maybe?

Bình luận:
BTC still has to retest strong support twice. Good if it breaks so we can enter at a more advantageous price at around USD 30K zone. Also good if it does find enough buyers to retest USD 40K. Do not FUD, just be patient.

Institutional traders will always buy at the most advantageous cost for them. I do think these regulators will and are trying to create all the FUD so they can come in. That is trading life...

Merry Christmas to all!
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