Hello dear friends.
From a fundamental perspective, everything points to global selling and liquidity. In the weekly timeframe of global gold, we also have the DOUBLE REPPO SELL pattern, which increases selling pressure, which is based on selling and liquidity of savings funds.
From a technical perspective and in the monthly timeframe, we are witnessing a strong bearish candle in Bitcoin, which will close below the starting point of the previous 2 months in the coming hours. From a technical perspective, the price will return to the starting point of the previous month's candle(NOV) and must retest the 65-67k range, which is in line with the previous ceiling, and this is inevitable.
Look for an attractive entry into a SHORT position. In my opinion, the 91-92k range will be very attractive for short-term selling and exiting the market.
I hope this pullback will be realized in the coming days
92000 best place to SHORT entry
Good luck
From a fundamental perspective, everything points to global selling and liquidity. In the weekly timeframe of global gold, we also have the DOUBLE REPPO SELL pattern, which increases selling pressure, which is based on selling and liquidity of savings funds.
From a technical perspective and in the monthly timeframe, we are witnessing a strong bearish candle in Bitcoin, which will close below the starting point of the previous 2 months in the coming hours. From a technical perspective, the price will return to the starting point of the previous month's candle(NOV) and must retest the 65-67k range, which is in line with the previous ceiling, and this is inevitable.
Look for an attractive entry into a SHORT position. In my opinion, the 91-92k range will be very attractive for short-term selling and exiting the market.
I hope this pullback will be realized in the coming days
92000 best place to SHORT entry
Good luck
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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.
Disclaimer
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.