📈Crypto analysts give bearish predictions for Bitcoin assets📈
Bitcoin (BTC) is still in a sideways trend, where on Tuesday (10/10/2023) morning the price was at the level of US$ 27,593. See the movement of Bitcoin
In the chart he shared on platform X, it appears that Bitcoin has twice failed to break the resistance at the$ 32,000 mark.
If this happens, then it is not surprising to me. Max pain on both sides, " Ghinea said.
In another post, Ghinea also emphasized that currently the market is still not showing bullish signs. This is because according to him, BTC has not touched the US$ 30,000 mark in the future.
"I've said it before, if BTC doesn't reach$ 30,000 soon, then there's no reason to be bullish,” he said.
He advised his followers to wait for confirmation. In this regard, he explained that the price of US$ 24,000-US$ 25,000 is a safe zone for making purchases. He argued, there is a big difference if you buy at that level compared to the current price.
Buying at that level makes a big difference. Instead of FOMO now, it is better to prepare for a pullback,” Ghinea said.
In addition, he also conveyed one of the abilities that traders rarely have. The ability he means, namely to do the opposite in difficult situations. Ghinea assured that traders and investors should actually buy when the market is experiencing fear.
#crypto2023 #crypto #cryptocurrency #cryptonews #BTC
"When everyone is in a phase of fear, then that's where traders should enter and buy below,” he explained
Bitcoin (BTC) is still in a sideways trend, where on Tuesday (10/10/2023) morning the price was at the level of US$ 27,593. See the movement of Bitcoin
In the chart he shared on platform X, it appears that Bitcoin has twice failed to break the resistance at the$ 32,000 mark.
If this happens, then it is not surprising to me. Max pain on both sides, " Ghinea said.
In another post, Ghinea also emphasized that currently the market is still not showing bullish signs. This is because according to him, BTC has not touched the US$ 30,000 mark in the future.
"I've said it before, if BTC doesn't reach$ 30,000 soon, then there's no reason to be bullish,” he said.
He advised his followers to wait for confirmation. In this regard, he explained that the price of US$ 24,000-US$ 25,000 is a safe zone for making purchases. He argued, there is a big difference if you buy at that level compared to the current price.
Buying at that level makes a big difference. Instead of FOMO now, it is better to prepare for a pullback,” Ghinea said.
In addition, he also conveyed one of the abilities that traders rarely have. The ability he means, namely to do the opposite in difficult situations. Ghinea assured that traders and investors should actually buy when the market is experiencing fear.
#crypto2023 #crypto #cryptocurrency #cryptonews #BTC
"When everyone is in a phase of fear, then that's where traders should enter and buy below,” he explained
