Where does BTC go?
I analyzed the market and came to these conclusions.
1. Too much confusion and fear: Ordinary people and poor traders follow the whales. When do whales change the course of the game?
2 - The search rate of negative words has increased from positive, "selling bitcoin", "disappearing bitcoin", "shorts" and ...
3- Negative news of governments and big companies along with the efforts of celebrities not to scare people.
My general opinion: Given the above issues, past events and future research, there are two scenarios for the market.
1- The fear of the market will decrease in the next few days and bitcoin will start growing again.
2 - The prevailing fear continues and bitcoin will fall in the next 2 weeks at most and will reach a market share between 35-39 and finally reach a minimum price of 19-20 thousand dollars and then grow sharply. Will begin.
Good luck to you
Alireza Yarian
1. Too much confusion and fear: Ordinary people and poor traders follow the whales. When do whales change the course of the game?
2 - The search rate of negative words has increased from positive, "selling bitcoin", "disappearing bitcoin", "shorts" and ...
3- Negative news of governments and big companies along with the efforts of celebrities not to scare people.
My general opinion: Given the above issues, past events and future research, there are two scenarios for the market.
1- The fear of the market will decrease in the next few days and bitcoin will start growing again.
2 - The prevailing fear continues and bitcoin will fall in the next 2 weeks at most and will reach a market share between 35-39 and finally reach a minimum price of 19-20 thousand dollars and then grow sharply. Will begin.
Good luck to you
Alireza Yarian
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