Hi, This is the second time I predict BTC Price after target achieved from my idea before that BTC could test 0.618 area on 43K.., Here:
I didn't mean to scare you guys but bearish gates are quite obvious in this area. it could be due to the emergence of a new virus variant that makes holders feel doubtful about digital assets and indeed the current bitcoin price is too far from the normal price. The second reason is that it is now December, traders need to be careful when holding this coin when Christmas and New Year are insight. asset selling due to this annual world event should be signaled as the next bearish market movement. FUD may be coming in too.
The pullback could happen to the $58-60K area from 49K. Here I'll give you another probability that could happen now until the end of Q2 2022 (May/June) or even earlier... Short BTCUSDT: Entry: $ 58,000 - 60,000 Target: $ 28,351 Invalid: $ 65,000 I don't recommend using high leverage... (x3 is OK)
Please donate/support me with ETH 0x94bD70a85147A9f2588994854617987D980acED2
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.