BTC on the way down to $62 000?
Updated
Hello, dear friends!😊 Many of Yo are wondering if the Bitcoin correction is over. In my opinion - no, the correction could be deeper!
⚡️BUT! This is not a reason for concern; on the contrary, the price will take a breather for further growth.🚀
People are panicking, saying "Should I sell?😱" If you're not a short-term trader, selling now doesn't make any sense. If you want to make a medium-term trade, you should be buying the entire correction, as this way you will average out your purchase price!
I think the price could drop all the way down to $62,400, and then we'll see how the price forms!💡
On today's chart, I provided an example of Bitcoin price behavior as various fractals, which often repeat!🔥
https://www.tradingview.com/x/UoPpYAoT/
I would love to hear Your thoughts. 🫶How is Your trading going right now? What trades are You more interested in (short-term or medium-term)?
😊Let's get to know each other better! There are so many new faces, and we don't know each other at all :)
You can always ask me any question; I'm always happy to answer, whether it's trading-related or not.😉
Thanks for Your attention,🫶
Always sincerely with You, Kateryna💙💛
⚡️BUT! This is not a reason for concern; on the contrary, the price will take a breather for further growth.🚀
People are panicking, saying "Should I sell?😱" If you're not a short-term trader, selling now doesn't make any sense. If you want to make a medium-term trade, you should be buying the entire correction, as this way you will average out your purchase price!
I think the price could drop all the way down to $62,400, and then we'll see how the price forms!💡
On today's chart, I provided an example of Bitcoin price behavior as various fractals, which often repeat!🔥
https://www.tradingview.com/x/UoPpYAoT/
I would love to hear Your thoughts. 🫶How is Your trading going right now? What trades are You more interested in (short-term or medium-term)?
😊Let's get to know each other better! There are so many new faces, and we don't know each other at all :)
You can always ask me any question; I'm always happy to answer, whether it's trading-related or not.😉
Thanks for Your attention,🫶
Always sincerely with You, Kateryna💙💛
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