Bitcoin's bull-run not over yet
Updated
BTCUSDT • The perfect trap for more shorters to hop in for 'the bigger drop towards 25K to fill the daily gap'. Little do they know that it has already been filled from the previous days when it tapped into the 26Ks and pushed beyond 28K.
• Therefore, Bitcoin's maximum drop will not go below 26K.
• Bitcoin's current 'dump' is not a dump, as the asset's price has changed apx. (12.5%) which is an average price change for the so-called 'price correction'.
• Bitcoin correcting meaning it will be giving more opportunities to go further up (long).
• Bitcoin, for now, will aim for the 29\30K gap.
• Potential highs: 32\33K for last year's daily/weekly/monthly gap. If broken: 40Ks which is going to be the major big timeframe Fibonacci premium zone.
Trade closed: target reached
• The 29K gap mentioned in the original post earlier would be considered reached, only rejected USD 400 less (under the Psych. lvl. 29K), to currently hold at 28.3\28.6K.• This rejection could be denoting a further (potential) correction, dropping down to 27K (once more) for a big push to 30K.
Trade closed: target reached
• Seems like I spoke too soon. Targets reached explosively.
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