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According to previous analyses, we know that Bitcoin is in a wave C, which is a bearish wave.
We’ve identified a time zone on the chart where Bitcoin’s trend could change. In this zone, wave C may gradually end, and Bitcoin could start its bullish wave.
Market maker moves in these areas, both in time and price, can continue for a few days to build more short positions, and then they may push the price up to hunt and liquidate those positions.
Liquidity needs to be gathered first, and only then will the price move upward. Banks and market makers don’t care if you are in a loss they push the price toward where the liquidity is.
We’ve updated the support zone in this analysis to a more optimal range, which is the buying area. This is the point where Bitcoin can attack short positions! So be careful.
Guess a number: Where do you think Bitcoin will find support? Comment below so we can help each other!
According to previous analyses, we know that Bitcoin is in a wave C, which is a bearish wave.
We’ve identified a time zone on the chart where Bitcoin’s trend could change. In this zone, wave C may gradually end, and Bitcoin could start its bullish wave.
Market maker moves in these areas, both in time and price, can continue for a few days to build more short positions, and then they may push the price up to hunt and liquidate those positions.
Liquidity needs to be gathered first, and only then will the price move upward. Banks and market makers don’t care if you are in a loss they push the price toward where the liquidity is.
We’ve updated the support zone in this analysis to a more optimal range, which is the buying area. This is the point where Bitcoin can attack short positions! So be careful.
Guess a number: Where do you think Bitcoin will find support? Comment below so we can help each other!
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✅ Join our Telegram channel to succeed in crypto 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
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
