Bitcoin bear market has come!
Güncellendi
Hello, my friends,
I bring exciting news.
BITCOIN just enter the bear market, the crypto winter we all have been waiting for is here! At last.
* Key points why we just enter the bear market
-RSI right above 50 pts, is either overbought or oversold, the tendency is to go down to oversold territory, which means more downtrend ahead.
-There's a huge weekly bear divergence taking place, and bear divergences tend to make sure they happen. Especially week bear divergences.
-200 MA, one of the most important factors on BTC, you can clearly see how it has been like a shepherd keeping the sheep in place.
The price has been above the 200 MA weekly for too long, and massive profits will be taken place soon.
-The loom of a period of economic uncertainty, not just cause of Evergrand default but the uncertainty of covid economic effect, especially the lack of measures to boost economic growth and really bad measures that have a strong penalty on companies in general.
-There wasn't been a correction yet (a decent one), there are huge profits to be made from investors that bought last year.
Prediction:
I believe the bear market (big correction) will take us to the weekly 200 MA. A value between 18-23k, on these values we will be for sure on oversold territory and ready to climb again.
SELL SELL SELL
SAVE YOUR MONEY, SAVE YOUR FUTURE, SAVE YOUR WIFE.
I bring exciting news.
BITCOIN just enter the bear market, the crypto winter we all have been waiting for is here! At last.
* Key points why we just enter the bear market
-RSI right above 50 pts, is either overbought or oversold, the tendency is to go down to oversold territory, which means more downtrend ahead.
-There's a huge weekly bear divergence taking place, and bear divergences tend to make sure they happen. Especially week bear divergences.
-200 MA, one of the most important factors on BTC, you can clearly see how it has been like a shepherd keeping the sheep in place.
The price has been above the 200 MA weekly for too long, and massive profits will be taken place soon.
-The loom of a period of economic uncertainty, not just cause of Evergrand default but the uncertainty of covid economic effect, especially the lack of measures to boost economic growth and really bad measures that have a strong penalty on companies in general.
-There wasn't been a correction yet (a decent one), there are huge profits to be made from investors that bought last year.
Prediction:
I believe the bear market (big correction) will take us to the weekly 200 MA. A value between 18-23k, on these values we will be for sure on oversold territory and ready to climb again.
SELL SELL SELL
SAVE YOUR MONEY, SAVE YOUR FUTURE, SAVE YOUR WIFE.
Not
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Feragatname
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