This presentation is for informational and educational purposes only; it should not be construed as investment advice of any kind.
According to the daily chart , BTC still fighting for the level of $60K which may lead to reach to $75K all time high (according to the calculation of the target point using P&G for the last accumulation); and we may see a distribution in the market after that..
It could rebound at the $50K level and the price return above $65K so this chart will be invalidated; or it continue down to the next support which can be considered as a value zone to start accumulating again.
Also, the fear and greed index shows greed in the market which indicates some major correction pending.
Remember: Market is still uptrend, so the scenario will be canceled if the price makes a move towards $85K and breakout!
This could be the worst possible scenario so the rest is all good :)
According to the daily chart , BTC still fighting for the level of $60K which may lead to reach to $75K all time high (according to the calculation of the target point using P&G for the last accumulation); and we may see a distribution in the market after that..
It could rebound at the $50K level and the price return above $65K so this chart will be invalidated; or it continue down to the next support which can be considered as a value zone to start accumulating again.
Also, the fear and greed index shows greed in the market which indicates some major correction pending.
Remember: Market is still uptrend, so the scenario will be canceled if the price makes a move towards $85K and breakout!
This could be the worst possible scenario so the rest is all good :)
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
