Regarding my last update from Feb 24 an upmove was not surpising for me. But i didn´t expect this 1.000 $ moonshot.
Is the bear market over now? The bulls took an advantage and "killed" a lot of bears, we broke the strong resistance
with a mega candle, but we didn´t neutralize the dump days from nov 18. I think we have to be careful now and
should not buy in blindly.
I expect a consolidation at the current level and a final upmove with a maximum in the area of 5.600/5.700.
After this consolidation time bitcoin will come back to the support level near 4.200 $ and then we have to read
the chart again.
Please leave a like or a comment!
This is not an investment advice, i just want to share my thoughts and strategy with you.
Is the bear market over now? The bulls took an advantage and "killed" a lot of bears, we broke the strong resistance
with a mega candle, but we didn´t neutralize the dump days from nov 18. I think we have to be careful now and
should not buy in blindly.
I expect a consolidation at the current level and a final upmove with a maximum in the area of 5.600/5.700.
After this consolidation time bitcoin will come back to the support level near 4.200 $ and then we have to read
the chart again.
Please leave a like or a comment!
This is not an investment advice, i just want to share my thoughts and strategy with you.
