BitcoinGüncellendi

State of Bitcoin

Hello.
I believe Bitcoin has to break out of this arc, else i propably think that we are in the beginning of a 80% or worse Correction.
If we break the red zone, i think we could still rally to 100k altho the recent drop propably wasnt a good sign.
Be ready for both Scenarios!

DYOR and please leave a like :)

Only invest what you can afford to loose!
Not
With risk management aka stoploss this would propably be a good short/hedge setup. Even if we are bullish we should bounce off the red zone once before breaking it. After this rejection i would put sl in slight profit, atleast that would fit my trading stlye and ill propably enter a short there, just in case.
Not
well red zone is out of reach now.
Not
just touched the arc, lets see what happens.

Feragatname