Sirwin
Sirwin

Will Bitcoin Crash below 30k, How about 100k?


Hey Traders and Investors, Over the past two weeks, I told you that Buying Crypto was profitable while the market was and is consolidate overall. I know that the HOLDERS hate the bear trend but it is the market sentiment and action.  none

 My expectation over the past two weeks is now in vain. It seems like the market itself changes its direction and doe not respect the Analysis forecast, and won't go up every time the resistance level touched it is not broken instead it pushed BTC down. In my own opinion, which is not financial advice the bear market is taking around the corner. it is not Elon Musk, it is not El Salvador, nor Michael Saylor but it is a market condition. When we look at the Monthly timeframe on RSI 14 it gained the overbought zone. So, the correction for Bitcoin price will be possible down to 28k-25k around.

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 Even though Nayib Bukele gained 62 votes for bitcoin as a legit currency in his country which is EL Salvador the market is now down below 36k in time of writing and below the 200MA in multiple timeframes. As Bitcoin sitting above 20k, we still hold our bull run this year. Soon or late, what almost the HODLers expected will happen.

 Disclaimer: My Opinion is educational only and strictly respects your own decision in any investment.

Fety Bernard Etienne

 

 

 

 

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Fety Bernard Etienne(fetinafety)
Fety Bernard Etienne(fetinafety)

I am a crypto enthusiast, and trader, an investor in many various platforms, and protocol of blockchain around the world. I love talking about Cryptocurrency.


Profitable Crypto Trading(Crypto Focus)
Profitable Crypto Trading(Crypto Focus)

All about Cryptos trading Analysis Forecast. Bear/Bull scenario.

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