altseason vs bitcoinseason
Updated
43400 extremely close.
Then probably a dangerous situation will begin with a game up to 20k. Nobody wants to buy bitcoin at 40-50 if forecasts are high at 100. It's just x2. Big players are not very interested in this(for purchases without leverage).
Conclusion - we either go to altcoins (altseason), or drop the price for a comfortable entry (bitcoin season)
We see that we are at a critical level. Expected to be on cusp of next upside momentum, BUT you can see that trusts are on sale and for a reason. As well as news that #grayscale want to add coins that have already greatly increased in value.
Companies are required to make a SELL in order to take profits. This means that if you bought bitcoin for 3k, and it costs $ 50k, the profit will be fixed only from the sale. (Hello to all hodlers)
Now main job of a good trader is patience training. It is better to buy at a slightly higher price during growth than to buy at a slightly higher price during fall.
Good luck!
Then probably a dangerous situation will begin with a game up to 20k. Nobody wants to buy bitcoin at 40-50 if forecasts are high at 100. It's just x2. Big players are not very interested in this(for purchases without leverage).
Conclusion - we either go to altcoins (altseason), or drop the price for a comfortable entry (bitcoin season)
We see that we are at a critical level. Expected to be on cusp of next upside momentum, BUT you can see that trusts are on sale and for a reason. As well as news that #grayscale want to add coins that have already greatly increased in value.
Companies are required to make a SELL in order to take profits. This means that if you bought bitcoin for 3k, and it costs $ 50k, the profit will be fixed only from the sale. (Hello to all hodlers)
Now main job of a good trader is patience training. It is better to buy at a slightly higher price during growth than to buy at a slightly higher price during fall.
Good luck!
Note
*consider 20k as a very deep deep, which most likely will not be. But don't ignore it. 3 months ago price was 20k*
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.