Technically Bitcoin is standing on a Lower High momentally from the low of 32K so this may be a good place DCA-ing for the long term, or using stoploss on Spot if you like to be more on the speculator perspective.
If you want confirmations for this being a Lower High you have to wait for confirmations for a rally from here confirming the Lower High.
A 32.000$ Bitcoin as a double bottom is definitely on the cards from here.
Important for the prosperity of Bitcoin going to six figures speculating that Bull Market is not over yet, is the Geo Political tension between Russia and Ukraine.
Plus the US politics and Fed Policies.
Everything must be affirmative for Bitcoin to show strength .
Like e it or not,
Accept it or not,
CryptoCurrencies are no longer small markets!
Wall Street, Companies are in it as well.
Beware of all conditions being there as Confluences for you for positive LONG call.
The strongest Support which NEEDS to hold for Bitcoin is the red support zone at 30-29k low of 2021's summer
TRADE SAFE!
Note that his is not Financial Advice!
Please do your own research before Partaking on any Trading Activities based soly in this idea.
If you want confirmations for this being a Lower High you have to wait for confirmations for a rally from here confirming the Lower High.
A 32.000$ Bitcoin as a double bottom is definitely on the cards from here.
Important for the prosperity of Bitcoin going to six figures speculating that Bull Market is not over yet, is the Geo Political tension between Russia and Ukraine.
Plus the US politics and Fed Policies.
Everything must be affirmative for Bitcoin to show strength .
Like e it or not,
Accept it or not,
CryptoCurrencies are no longer small markets!
Wall Street, Companies are in it as well.
Beware of all conditions being there as Confluences for you for positive LONG call.
The strongest Support which NEEDS to hold for Bitcoin is the red support zone at 30-29k low of 2021's summer
TRADE SAFE!
Note that his is not Financial Advice!
Please do your own research before Partaking on any Trading Activities based soly in this idea.
