BITCOIN UPDATE:
-Bitcoin is still struggling around $60k and there’s no sign of recovery. bulls are struggling to break above & regain the momentum.
-If BTC doesn’t hold at this level then im expecting Btc to touch $55 - $56k zone soon and grab the liquidity.
-After this there will be a relief pump where Btc price will be manipulated to $64 - $68k zone and this is where all the long buyers will get trapped.
-BTC coming down to $38 - $40k zone is a reality, it’s just a matter of time..
-Bitcoin's current 6 month candle closes tomorrow. In the last 2 cycles bear markets lasted only 2 consecutive 6 month candles before a major uptrend. Will history repeat for a third time, let's wait and watch.
-Bitcoin is still struggling around $60k and there’s no sign of recovery. bulls are struggling to break above & regain the momentum.
-If BTC doesn’t hold at this level then im expecting Btc to touch $55 - $56k zone soon and grab the liquidity.
-After this there will be a relief pump where Btc price will be manipulated to $64 - $68k zone and this is where all the long buyers will get trapped.
-BTC coming down to $38 - $40k zone is a reality, it’s just a matter of time..
-Bitcoin's current 6 month candle closes tomorrow. In the last 2 cycles bear markets lasted only 2 consecutive 6 month candles before a major uptrend. Will history repeat for a third time, let's wait and watch.