BTC: 2021 on repeat! 13.5k can happen!
Cập nhật
Here's a quick comparison of two periods in bitcoins history
It appears that the current market period is unfolding similarly to the one observed in 2021. If this trend continues, it is likely that the market will experience a downward movement, potentially leading to a decline in value to 13.5k.
While it's true that history doesn't necessarily have to repeat itself, it is often observed that historical patterns tend to rhyme with the present.
Trade safe!!
-------------------------------------------
About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!) . Our TradingView page serves as a testament to this claim, and we invite you to verify it!
-------------------------------------------
Recent Altcoin trades:
ARB / USDT: 30% profit!
ROSE / USDT: 5% profit!
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups.
BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
It appears that the current market period is unfolding similarly to the one observed in 2021. If this trend continues, it is likely that the market will experience a downward movement, potentially leading to a decline in value to 13.5k.
While it's true that history doesn't necessarily have to repeat itself, it is often observed that historical patterns tend to rhyme with the present.
Trade safe!!
-------------------------------------------
About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!) . Our TradingView page serves as a testament to this claim, and we invite you to verify it!
-------------------------------------------
Recent Altcoin trades:
ARB / USDT: 30% profit!
ROSE / USDT: 5% profit!
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups.
BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
Ghi chú
Now it looks even more like 2021! We are porbably heading towards a bearish summer!
Ghi chú
Expecting a bearish week!Ghi chú
A big move is coming! Hold tight! if 27k cant be held, then its gonna go down hard!Ghi chú
Bearish monthly close coming! Ghi chú
Ghi chú
Thoughts on the market Current market conditions suggests that many altcoins are exhibiting a bearish outlook, with a considerable number of them having breached their BTC-pair support levels. This indicates that in the event of another drop in BTC prices, altcoins are likely to suffer significant losses. It is my projection that a decline of at least 50-70% in altcoins may occur prior to August. I maintain a highly bearish stance regarding the upcoming summer period, which seems to resemble the summer period of 2021.
Regarding Bitcoin, it is possible that it may soon reach 25k so trade safe
Ghi chú
Some thoughts It has been observed that the BTC dominance index tends to increase alongside the BTC/USD price, which has been a notable trend in the market. However, the shift to a scenario where the dominance index rises while the BTC/USD rate drops marks a critical point in the altcoin reckoning process. In such a situation, altcoins may face significant losses in both directions, resulting in a challenging market environment for these assets.
Ghi chú
Wallets belonging to Mt Gox and US government are making transactions.Bitcoin dumping!
Ghi chú
The bear market probability index is at a All time high! In my opinion, the ongoing rally could be considered as the biggest bull trap ever witnessed in the history of Bitcoin. I am currently observing from a passive position and anticipating a decrease in prices. Undoubtedly, relying on a solitary model is insufficient for drawing definitive conclusions. In fact, in this case numerous indicators suggest a downward trend in prices!
Ghi chú
I bring up the S&P 500 because of how closely the asset correlates with Bitcoin. Since BTC typically moves in lockstep with S&P500, it can be prudent to monitor the S&P500 movement.
Ghi chú
The market is waiting for some big news it can react to! We do not expect bullish news that would cause a bull run—expecting some big bearish news!Ghi chú
Ghi chú
Ghi chú
The move to the downside is going to be heavy!Ghi chú
Ghi chú
Ghi chú
Experience our top-tier setups with our Premium Group for only 129$ Lifetime membership!
🎖Telegram: t.me/MBM_786kr🎖
🎖Telegram: t.me/MBM_786kr🎖
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.