✔✔How is everyone? So Bitcoin has moved according to the update I gave earlier. What will happen next? Will it pump now or will it drop? Here are all the updates. In these updates, all the charts are bearish. 👇
🔸 Okay, so if we go to the 4-hour chart, we can see the recent rejection of Bitcoin at $66,500. After that, I told you that there would be a natural decline. So, within a period of 4 to 5 days, Bitcoin gave a big downtrend from $66,500 to $59,990. You can see the red area that I marked below. So this area is called the consolidation area. This area forms after a bullish candle and then 3 or 4 bearish candles form below it. So after that, the counter currency takes a normal pump to fill this candle pattern. And then it comes back to the area to prepare for the big pump. So, what I just said is what happened to Bitcoin now.
🔸 So, this is your best chance to get a long-term entry into Bitcoin. Because if we look at the 1-day chart, we can see that only a small preparation has been made for this big pump. Bitcoin is now priced at like $61,800. So, even if you take the entry from here, you can make a big profit. The support line on the 1-day chart of Bitcoin is about to be broken. What can I say, Bitcoin will cross the $70,000 mark in the next few days. Why do I say that, we have bullish confirmations from all sides. That's all to say now guys. Don't be afraid to place a long-term trade at this time. Anyway, get used to placing your stop loss properly. Have a nice day everyone.
