A significant amount of liquidity has accumulated above short positions. Market makers have successfully convinced the majority that Bitcoin is in a bearish trend. In fact, if you ask almost anyone about Bitcoin's direction right now, they'll likely say it's bearish.
This is exactly the kind of environment where Bitcoin could make a strong move to the upside, targeting and liquidating those short positions.
From a technical and wave-count perspective, a corrective triangle appears to be nearing completion. Once this triangle is complete, the price could begin a powerful bullish move.
This time, consider trading against the crowd rather than following what everyone else sees.
The entry, stop-loss, and target levels are marked on the chart. Consider taking partial profits at the first target to secure gains and reduce risk.
If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you also think Bitcoin oil is bullish?
This is exactly the kind of environment where Bitcoin could make a strong move to the upside, targeting and liquidating those short positions.
From a technical and wave-count perspective, a corrective triangle appears to be nearing completion. Once this triangle is complete, the price could begin a powerful bullish move.
This time, consider trading against the crowd rather than following what everyone else sees.
The entry, stop-loss, and target levels are marked on the chart. Consider taking partial profits at the first target to secure gains and reduce risk.
If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you also think Bitcoin oil is bullish?
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✅ Join our Telegram channel to succeed in trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。