Bitcoin Correction: $54k or a Drop Below $50k?

10 Ağu

🪙 Hello everyone. Cryptocurrencies are poised for a correction.

I expect Bitcoin and altcoins to move down from their current prices. The main question remains: are we heading for a near-term correction to 54K-55k, or will we drop below $50,000, possibly to the 40k range.




BTC Liquidation Heatmap:
coinglass.com/pro/futures/LiquidationHeatMap

Indicator for TradingView:
tradingview.com/v/OTW4Ch6P/

10 Ağu

Not

1D:

12 Ağu

Not

The idea is still valid. We’re waiting.

15 Ağu

Not

The current situation with Bitcoin suggests that the downward trend is likely to continue.

15 Ağu

Not

The current situation with Ethereum suggests that the downward trend is likely to continue.

19 Ağu

Not

I exited all positions. Bitcoin and Ethereum have shown a downward impulse. I’ll wait for further decline.