BitCoin is fully focused

BitCoin is fully focused


BTC

The world's largest cryptocurrency yesterday again caused panic among investors, mainly retail, who, fearing a large decline, sold everything they had, even at a loss. In the picture I marked the places that I compared to show what I am writing about all the time and what to pay attention to when planning purchases after correction. The first line that was marked was a decrease of $ 1,200 and the trading volume was negligible as there were no buyers at this price. The second line that is marked is the price drop by $ 2,000 and the same situation. But what happened yesterday, it is a signal that the price has only dropped USD 1,900 because everything that was sold was bought by the other party, therefore a large wlumen was created despite a small drop in price. If we compare it to the earlier adjustments, then with such a turnover, the price should drop by a minimum of $ 45,000.

btc

How do you rate this article?

7


Biznes-Broker
Biznes-Broker

Trader, cryptocurrency and forex market analyst. Editor of investor magazines: EN: http://biznes-broker.com/ PL: http://pvq.pl/ By giving me a tip you donate it to charity. All collected funds will help children and animals in need.


Cryptocurrency markets analysis
Cryptocurrency markets analysis

Subjective view of the cryptocurrency market. Analyzes made on the basis of technical analysis used in financial markets. All analyzes are my view of the market. It is not recommended to make commercial decisions based on the information provided. You can check all my work here: EN: http://biznes-broker.com/ PL: http://pvq.pl/

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.