My thoughts on bitcoin, when will the real volatility be?
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📌What will happen to the market next, what are your thoughts?
Guys, let's look at the chart from the local side for now, we will deal with it globally later, first we need to find the true bottom. I think that the most interesting thing lies ahead of us.
Now let's pay attention to the chart: nothing super global has been happening for the third week already, the boring FLAT continues, I think that the market maker simply puts strong pressure on major players, i.e. makes them capitulate from the market, if you can call it that. I don't know how long this will last, but I think that the denouement is near.
On the technical side, it was expected to see a hike above $17,000. I spoke about this earlier. We can say that they removed the stops, took out large shoulders, and again the price goes into its usual range, locally showed the plan on the chart (16,600-16,800), but I do not exclude that the price will be able to return above $17,000 from the current values. So far, I'm just observing and I can't give a clear specifics.
📌What will happen to the market next, what are your thoughts?
Guys, let's look at the chart from the local side for now, we will deal with it globally later, first we need to find the true bottom. I think that the most interesting thing lies ahead of us.
Now let's pay attention to the chart: nothing super global has been happening for the third week already, the boring FLAT continues, I think that the market maker simply puts strong pressure on major players, i.e. makes them capitulate from the market, if you can call it that. I don't know how long this will last, but I think that the denouement is near.
On the technical side, it was expected to see a hike above $17,000. I spoke about this earlier. We can say that they removed the stops, took out large shoulders, and again the price goes into its usual range, locally showed the plan on the chart (16,600-16,800), but I do not exclude that the price will be able to return above $17,000 from the current values. So far, I'm just observing and I can't give a clear specifics.
