This idea 💡 is completely my own analysis to explain situation on market conditions why bitcoin 🪙 BTCUSD will not reach $16000 below 📍 it's completely my view 🙂 #DYOR
Note 👉 if BTCUSDT day close above 32k no visiting 20k 👉 80% technical analysis comfirm no new low 🔅 👉 market sentiments and other sources with history cycle CONFIRM no new low 🔅 👉 month candle close above 36K we entered complete 💯 bull 🐂 run BTCUSD
📌 why I am bearish in short period ⏰
👉 DXY is pumping still top 🔝 was not completed 📌 expecting $108 - $110 Majority of ALTS TOTALMARKETCAP2 not showing any upside 🚀 move still considering down side 🩸 still expecting bottom to ALTS so this one of reason BTCUSDT consider bearish 📍 untill alts completed bottom and confidence move upside 🚀
👉 in my opinion better to accumulate BTCUSD 50% around $27000 remaining below $23000 Is very good 👍 if u wait for 23K below just flip of movement enough miss u complete chance Use 🧠 always keep 20% back-up as per ur portfolio , it helps when there was " wars " or economical damge
👉 I am expecting 22k
👉 if really BTCUSD reach $16 sign 🛑 new low 🔅 then I close 40% my bag 💰 after comfirm 👍 I will re-buy , $16000 is range bond broken zone 📌 reaching there lose market value it's sign ETHUSD reach new low 🔅 even damage total market cap also 📌 use basic knowledge , now BTC turn major index to whole Crypto 🔮
👉 how can we confirm when BTCUSD hit 23K below 📍 that local bottom is completed 📌 It's very simple 😅 when month closed 🔐 above 25K strong 💪💯 🔥 area 📌 sign ☢️ local bottom is completed 🚀
👉 when DXY left ◀️ parabolic curve 🪝 it's other comfirm 👍
👉 keeping comments , reacting with emojis , pointing us is very easy to some people They think 💬 what they see 📌 that was knowledge 📌
We need to learn market in many ways and should get adopted with experience, TECHNICAL ANALYSIS won't help understanding market structure and understanding bull 🐂 and bear 🐻 is more important
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