Hi traders, in this post I will share my 3 scenarios on BTC, because, even if I bought BTC and some other coins, I was only slightly bullish to begin with, and this optimism is fading with every hour.
The Good scenario:
- This is very obvious for everybody (or at least 90%) from TV see it: BTC will hold above 22k, will rise, the bear market is over and all will hold hands, sing "Kumbaya" and meet "to da mun" to drink beer
The bad scenario:
- BTC will break 22k, will go under 20k, reverse again, hover around 20k with spikes up and down for who knows how long and only market makers and speculators will make money (not so sure about the second)
The Ugly scenario:
- BTC will break 22k but, instead of holding and hovering around 20k, will make a new low and will have another aggressive leg down, probably in the 12-13k zone and will see from there
And... although, as I said, I'm in a buy trade at this moment, I'm almost sure it will not be the "Good scenario"