After 7 months of continuous growth, like the previous 2 Bitcoin halving periods, Bitcoin is ready to fall for 3 reasons:
1- It has completed its third five waves, now we have to wait for three falling waves.
2- Bitcoin needs to complete its golden ratio process to continue moving. It is in Fibonacci, so the area 52 to 54 is the best area to complete this trend.
3- The quasimodo pattern and also the decrease in liquidity in the last week fully confirm this trend.
1- It has completed its third five waves, now we have to wait for three falling waves.
2- Bitcoin needs to complete its golden ratio process to continue moving. It is in Fibonacci, so the area 52 to 54 is the best area to complete this trend.
3- The quasimodo pattern and also the decrease in liquidity in the last week fully confirm this trend.
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.