I've got my eyes on this interesting wick that we have on #Bitcoin. Yes, the chart looks absolutely horrific, and bears are in euphoria. Rightfully so. However, in a bull market…
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I've got my eyes on this interesting wick that we have on #Bitcoin. Yes, the chart looks absolutely horrific, and bears are in euphoria. Rightfully so. However, in a bull market, you'll be require…
I've got my eyes on this interesting wick that we have on #Bitcoin. Yes, the chart looks absolutely horrific, and bears are in euphoria. Rightfully so. However, in a bull market, you'll be required to go through multiple corrections. This is one of them. In 2023/2024, we've seen multiple versions of this, and in the first breakout, we've seen a range low sweep take place. I don't think that this is much different from that, actually. Sure, I've got my bids placed on lower levels in order to accumulate some Bitcoin (wow, are you buying Bitcoin?). If we want to get bullish again, I clearly want to see $75,000 being reclaimed for support and then, things can move fast. This happened in the previous correction and I won't be surprised we'll see a fast move taking place when the markets turn again.
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