Bitcoin / TetherUSتم تحديثه Slowly dump to $42.5k-$43.8k then launch to $48k
The uptrend since July 19 is really strong. We didn't do a lower low yet, so everyone who buys since 28.8k keeps moving their stop loss higher and higher as we make new dips.
The last dips were around 43.8k so there would be large liquidity just below that.
We also have the bottom range high at 42.5k.
There are many people who missed this run, including large whales.
One scenario would be that we dump to between 42.5k-43.8k, there:
That launches the price to
48K quickly which is not the last high but the previous high.
After that, we either just blast to 50k or complete this run forming a head and shoulders pattern. This run looks similar to the ATH run so the head and shoulders would look natural.
I'm an amateur, just speculating. Not financial advice.
The last dips were around 43.8k so there would be large liquidity just below that.
We also have the bottom range high at 42.5k.
There are many people who missed this run, including large whales.
One scenario would be that we dump to between 42.5k-43.8k, there:
- Whales will fill their orders as stop losses hit
- People who missed the run also enter at this -15% discounted price
- The range high being rejected, giving more confidence and more people enter as they see this as confirmation
That launches the price to
48K quickly which is not the last high but the previous high. After that, we either just blast to 50k or complete this run forming a head and shoulders pattern. This run looks similar to the ATH run so the head and shoulders would look natural.
I'm an amateur, just speculating. Not financial advice.
ملاحظة
Hit the target!
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