Updated

$BTC won't hit $16000 below 📍

Hello 👋 it's me your RAJ 🙂 professional trader ✨

This idea 💡 is completely my own analysis to explain situation on market conditions why bitcoin
🪙 will not reach $16000 below 📍 it's completely my view 🙂 #DYOR

Note 👉 if day close above $32k no visiting $20k
👉 80% technical analysis comfirm no new low 🔅
👉 market sentiments and other sources with history cycle CONFIRM no new low 🔅
👉 month candle close above we entered complete 💯 bull 🐂 run

📌 why I am bearish in short period ⏰

👉 is pumping still top 🔝 was not completed 📌 expecting $108 - $110
Majority of ALTS $TOTALMARKETCAP2 not showing any upside 🚀 move
still considering down side 🩸 still expecting bottom to ALTS so this one of reason
consider bearish 📍 untill alts completed bottom and confidence move upside 🚀

👉 in my opinion better to accumulate 50% around $27000 remaining below $23000
Is very good 👍 if u wait for below just flip of movement enough miss u complete chance
Use 🧠 always keep 20% back-up as per ur portfolio
, it helps when there was " wars " or economical damge

👉 I am expecting $22k

👉 if really reach $16 sign 🛑 new low 🔅 then I close 40% my bag 💰 after comfirm 👍
I will re-buy , $16000 is range bond broken zone 📌 reaching there lose market value
it's sign reach new low 🔅 even damage total market cap also 📌
use basic knowledge , now BTC turn major index to whole Crypto 🔮

👉 how can we confirm when hit below 📍 that local bottom is completed 📌
It's very simple 😅 when month closed 🔐 above $FWB:25K strong 💪💯 🔥 area 📌
sign ☢️ local bottom is completed 🚀

👉 when left ◀️ parabolic curve 🪝 it's other comfirm 👍

👉 keeping comments , reacting with emojis , pointing us is very easy to some people
They think 💬 what they see 📌 that was knowledge 📌

We need to learn market in many ways and should get adopted with experience, TECHNICAL ANALYSIS won't help understanding market structure and understanding bull 🐂 and bear 🐻 is more important

Economical conditions
Fundamentals
Technical
News
Sentiments

Checking macro to micro having good plan and build it is very important ☺️

Some Times market easily turn suddenly bear // bull 🤣 even we need to catch 🫴 those movements is also very important ☺️ 💛

I hope i cleared my view 🙂 if any points if I miss I will add in update 📌 post

Try to understand, try to learn - try to move with flexibility with market is important

Have good day 😊

Note

Red box 📍 supply / resistance zone 📌 🙄

$30,000 - $31,000 hitted 🎯

Now it's time to 🙂 reach demand zone 📌
$23000
below 📍

Trade closed: stop reached

raj5_7_5

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