This analysis is an update to the previous one, which you can find in the related analyses section.
Bitcoin, according to the previous analysis, dropped more than 6% and reached the green zone.
However, lower-timeframe candle action, which does not show strong buyer presence, suggests that the price might hunt this demand to gather more orders before moving upward toward the orange zone (see the dashed arrow).
In any case, wave D is not yet complete, and it is expected to finish wave D.
These are liquidity shortage plays and time correction phases, which make trading harder and increase waiting time.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Bitcoin, according to the previous analysis, dropped more than 6% and reached the green zone.
However, lower-timeframe candle action, which does not show strong buyer presence, suggests that the price might hunt this demand to gather more orders before moving upward toward the orange zone (see the dashed arrow).
In any case, wave D is not yet complete, and it is expected to finish wave D.
These are liquidity shortage plays and time correction phases, which make trading harder and increase waiting time.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
交易开始
We were expecting a hunt of the bottom green box, and this happened, with the price bouncing back upward.⚠️ We previously mentioned that due to low volume and it being the end of the year, we would experience irrational volatility which you can clearly see in the repeated Bitcoin dump and pump moves over the past few days.
The main condition for Bitcoin to turn bullish is a confirmation above $89,203.
✅ 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
相关出版物
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。
✅ 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
相关出版物
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。