BTCUSDT
medium term
Hello everyone, first of all I want to say that we live in an extremely interesting time, ordinary people (liquidity) are losing money, in many cases even a lot, funds are bursting due to circular obligations, top influencers are losing up to $ 200 million from the words of those very natives who, half a year ago, were drawing rockets for $ 100k for a month or two (for those who are interested, read the February posts there, I spoke about this in detail)
More than $2 trillion has flown from crypto in the last half of the year, the outflow of the stock stock market is 10 trillion.
Is crypto winter starting?
The answer is obvious, of course not, it has already begun for more than half a year and we all together had a unique opportunity to follow the developments.
What do I see now and what do I expect in the near future?
The market was notably rolled out, most of the indicators are heavily unloaded, but in my opinion this is not the end.
Now I see two possible scenarios for the development of events (I marked them on the charts)
I confess, I am more inclined to a quick trip to 28-30k and a further drain on 14k
I think that it would be ideal for MM to drive into a trap at a price of 25k+ (all those who are afraid to buy now, or those who buy at current prices with the expectation of profit taking at least 2x ~ 35-38k.
with such an outcome, mere mortals will go into losses lower and thus it will be possible to kill any faith in the market.
medium term
Hello everyone, first of all I want to say that we live in an extremely interesting time, ordinary people (liquidity) are losing money, in many cases even a lot, funds are bursting due to circular obligations, top influencers are losing up to $ 200 million from the words of those very natives who, half a year ago, were drawing rockets for $ 100k for a month or two (for those who are interested, read the February posts there, I spoke about this in detail)
More than $2 trillion has flown from crypto in the last half of the year, the outflow of the stock stock market is 10 trillion.
Is crypto winter starting?
The answer is obvious, of course not, it has already begun for more than half a year and we all together had a unique opportunity to follow the developments.
What do I see now and what do I expect in the near future?
The market was notably rolled out, most of the indicators are heavily unloaded, but in my opinion this is not the end.
Now I see two possible scenarios for the development of events (I marked them on the charts)
I confess, I am more inclined to a quick trip to 28-30k and a further drain on 14k
I think that it would be ideal for MM to drive into a trap at a price of 25k+ (all those who are afraid to buy now, or those who buy at current prices with the expectation of profit taking at least 2x ~ 35-38k.
with such an outcome, mere mortals will go into losses lower and thus it will be possible to kill any faith in the market.
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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.