Has $BTC bottomed out now? Let me answer with my analysis.
🚀 Bitcoin has taken a lot of liquidity at lower prices. The market has already shaken out retail traders, most of whom were long and got stopped out or liquidated.
There's almost an 80% probability that $BTC will bounce back up. Technically, and based on order flow, this also supports the idea that the current price has bottomed out at $67k–$64k. The most epic question is: what reason do you have to short?
You should also analyze things so you can learn from your mistakes if your position is wrong. Save this post—if #BTC drops below $64k, feel free to curse me. And a disclaimer: I'm not saying my analysis is definitely right here; there's an 80% probability that Bitcoin will rise. Going long makes a lot of sense 💰🚀 #WhatWillDriveCryptoandStocks’NextRebound?
🚀 Bitcoin has taken a lot of liquidity at lower prices. The market has already shaken out retail traders, most of whom were long and got stopped out or liquidated.
There's almost an 80% probability that $BTC will bounce back up. Technically, and based on order flow, this also supports the idea that the current price has bottomed out at $67k–$64k. The most epic question is: what reason do you have to short?
You should also analyze things so you can learn from your mistakes if your position is wrong. Save this post—if #BTC drops below $64k, feel free to curse me. And a disclaimer: I'm not saying my analysis is definitely right here; there's an 80% probability that Bitcoin will rise. Going long makes a lot of sense 💰🚀 #WhatWillDriveCryptoandStocks’NextRebound?
