Push BTC low to hand out $$$
There's so much news telling us that BTC is about to take off and you should buy.
Remove the label and analyze your chart.
BTCusd- chart indicates a bearish sentiment.
As bullish as all altcoins appear to be at the moment, everything will change if BTC takes a swan drive.
And the pattern and supporting price action indicated lower lows are likely. There is strong support at 6k although
the pattern indicates a low of 4k with 5k yet to be tested. If this should occur, it may lead to a long, slow recovery.
Understand who is driving the market.
This would allow the larger investors time to prepare their products for the open market.
Many altcoins seem to have bottomed and will hold at or near support to hold off the potential storm.
Of course, prior to the next massive rally.
When you hear the words crash, see the sign that says 'SALE ON NOW'.
HODL ON
Remove the label and analyze your chart.
BTCusd- chart indicates a bearish sentiment.
As bullish as all altcoins appear to be at the moment, everything will change if BTC takes a swan drive.
And the pattern and supporting price action indicated lower lows are likely. There is strong support at 6k although
the pattern indicates a low of 4k with 5k yet to be tested. If this should occur, it may lead to a long, slow recovery.
Understand who is driving the market.
This would allow the larger investors time to prepare their products for the open market.
Many altcoins seem to have bottomed and will hold at or near support to hold off the potential storm.
Of course, prior to the next massive rally.
When you hear the words crash, see the sign that says 'SALE ON NOW'.
HODL ON
Related publications
Disclaimer
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.