BTCUSD - 1W
Hello and have a good time.
Given the bitcoin's uptrend in the two-month period and the whales' timely entry into the market, bitcoin is likely to find a sharp decline.
In the diagram above, if the red line is not broken, we can hardly say that we won't see Bitcoin's $ 8,000 price tag from June.
This makes investors looking to lower bitcoin prices and buy it before the month of june, since then they have to buy bitcoin at higher prices.
So if you are going to buy, the best price is between 8,000 and 9,000.
But because there is hardly any support at 8,200 and the probability of failure is low, then it is best for 8,200 to 8,500 and 9,000.
Move carefully.
Good luck.
Given the bitcoin's uptrend in the two-month period and the whales' timely entry into the market, bitcoin is likely to find a sharp decline.
In the diagram above, if the red line is not broken, we can hardly say that we won't see Bitcoin's $ 8,000 price tag from June.
This makes investors looking to lower bitcoin prices and buy it before the month of june, since then they have to buy bitcoin at higher prices.
So if you are going to buy, the best price is between 8,000 and 9,000.
But because there is hardly any support at 8,200 and the probability of failure is low, then it is best for 8,200 to 8,500 and 9,000.
Move carefully.
Good luck.
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