The crypto world is no longer as easy as 2020-2021, December tested the patience of many traders, there was fluctuation between 41k-44k in the past month, they made everyone doubt, change their mind, fear, expect and disbelieve, some traders exited the market waiting for the correction, others call for collapse, others take 50% profits and many more, only patience traders win, now what's next?
- Today's we have a new year, 2024 is the awaiting year, BTC will break the all time high sooner or later. - The 45k to 47k level act now as resistance area. - 47k-49k are high selling areas. - If Monthly candle close above 45k we can expect a big move soon. - If Monthly candle close bellow 41K we can expect BTC to drop to 31k area. - ETF approval/Delay will be the main effects on the market before the halving.
There is not much left. 2024 Summer will be the most difficult period we will go through this year, after that everything will be green. be patient.
Please be safe, DYOR and keep your risk management On.
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