BitcoinUpdated Beware, 29k7 may not a dip of this month
Today we meet the ~30k again, the strongest support last year.
As we can see in 1W/1M is a double top and the neckline is right here, 29k 30k.
We may have a small correction with a big % if and only if it bull back to 38k 39k, no more than 41k.
After that is the doom days of Crypto when Bitcoin goes back to 25k, 20k. I don't know the dip yet, but I hope it will be 20k so I can go buy and hold without doubt.
Remember, 38 39k is just a correction. With 7 years experience of trading in this market, I never trust a correction wave.
Keep your money safe and always do a stop loss. Good Luck.
As we can see in 1W/1M is a double top and the neckline is right here, 29k 30k.
We may have a small correction with a big % if and only if it bull back to 38k 39k, no more than 41k.
After that is the doom days of Crypto when Bitcoin goes back to 25k, 20k. I don't know the dip yet, but I hope it will be 20k so I can go buy and hold without doubt.
Remember, 38 39k is just a correction. With 7 years experience of trading in this market, I never trust a correction wave.
Keep your money safe and always do a stop loss. Good Luck.
Note
Some charts are not public few months agoNote
It's the time with the best R:RNote
28k is broken. the next support is 25k but I don't recommend this for long term holdersNote
FUD USDT ,so we need to watch BTCUSD instead of BTCUSDT for more accuracy
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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.