It's been a long time since I posted, $BTC today I'll share a bit about my personal views
Currently, I see that everyone is saying that the old support level is 80x, but in my opinion, it may just fluctuate around creating 2 bottoms in the 80x range (the second bottom is higher than the first) and then there will be a pump, or it could have already created 2 bottoms and this is the consolidation period before the pump
I still feel that the EMA100 can hold for this, and at least it has to touch the EMA25 or 50 before there is a real deeper correction
For me, I still hope that the 4-year cycle won't happen, but from what I see, no one wants to buy BTC at high prices even though it is currently much lower than the peak of 126x
This is my personal assessment and I state it to determine my trading direction
Currently, I see that everyone is saying that the old support level is 80x, but in my opinion, it may just fluctuate around creating 2 bottoms in the 80x range (the second bottom is higher than the first) and then there will be a pump, or it could have already created 2 bottoms and this is the consolidation period before the pump
I still feel that the EMA100 can hold for this, and at least it has to touch the EMA25 or 50 before there is a real deeper correction
For me, I still hope that the 4-year cycle won't happen, but from what I see, no one wants to buy BTC at high prices even though it is currently much lower than the peak of 126x
This is my personal assessment and I state it to determine my trading direction
