Bitcoin - the cycle is not over ✅❗
Updated
Bitcoin continues its decline little by little. The most resilient traders are starting to leave the market. That's good, that's what trading is all about. The challenge for the big players now is to collect all the liquidity they can. And this can only be done through fear.
Many are beginning to wonder if the cycle is over, if a bearish trend has begun. Let's be honest - nobody knows what will happen tomorrow, you have to have a clear trading strategy, which statistically brings more profit than loss. Personally, we think the bull market is not over and bitcoin will reach the 130k mark.
What about the technical analysis side?
Funding is negative, which is good, the market has cleared. Those who follow us know that our strategies showed a 58k - 56k exit. Now we are waiting for signals to enter the market. We noted on the chart that after every drop, the price came back and renewed its lows, which might happen now as well. On the technical analysis side, this could be a good buying opportunity.
💚Like us, subscribe and write down what you personally expect from the market now. Links below
Many are beginning to wonder if the cycle is over, if a bearish trend has begun. Let's be honest - nobody knows what will happen tomorrow, you have to have a clear trading strategy, which statistically brings more profit than loss. Personally, we think the bull market is not over and bitcoin will reach the 130k mark.
What about the technical analysis side?
Funding is negative, which is good, the market has cleared. Those who follow us know that our strategies showed a 58k - 56k exit. Now we are waiting for signals to enter the market. We noted on the chart that after every drop, the price came back and renewed its lows, which might happen now as well. On the technical analysis side, this could be a good buying opportunity.
💚Like us, subscribe and write down what you personally expect from the market now. Links below
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