It's not looking good short term but this isn't new. Bitcoin trends tend to follow the majority.
The Bitcoin market will recover so just take advantage of the situation.
Wish everyone the best.
The Bitcoin market will recover so just take advantage of the situation.
Wish everyone the best.
Note
If your looking at any of my charts from JULY you can see the indecisivenessand denial in the market. This was a difficult year to predict. my newer charts are showing more accuracy than the middle of the year and some i wish i never posted.
there is a few postings that is my sons and he is no trader. lol wish i could delete them.
Note
this posting was a good example of how whales are not buying this market. Market swing for support took 6 months and leverage trading pumped the market January and it took 4 months to confirm resistance. Leveraged trading manipulation tried to kickstart a bull market but failed to continue after many started liquidating with a 2x position. common sense trading tells you that the bottom of the bear market is not here yet. My newer postings show a potential bottom from August to October 2023 if volume and market trends align perfectly. Demand zone was touched but its not over yet. Demand zone is coming again and until support is strong in that range the bottom is not confirmed. Leveraging this market isn't confirmation. That is for short term positions cashing in on hope and denial.
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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.