Today we will discuss about btc! like we said some days ago we're still remain in a bearish momentum and you need to be careful and do not listen to all the people/news/articles that tries every single day to confuse your minds! As you can see btc broke the black trendiline on the daily chart and broke the triangle in brown! This is really important guys, BTC broke two pattern and it is now completely bearish and ready to make new lower lows! It is falling quite hard and really really fast, so if we continue in this way we will surely see some little upside movement, but then we will continue down to the first target you see, the 5800-5600 zone! this will be the first crucial zone, we will need to see what btc will do when it'll arrive here, but if we continue on this way, BTC will inevitably go down to the sub 5k zone (more precisely 4800-4600 zone). i do not think we will see 3500 zone cause now the 200 ema in the weekly is at about at 3900 and when we will (probably) touch the 4600 zone the ema will be here, so this is of one our more important target! So like we said, we're in a bearish market and in the next days we will see lower lows and lower highs but we're inevitably falling lower 6K! I'll keep you update!
This is all for now, have a good day guys, see you later!!
What would be the confirmation or position to start a short position ?
BusyWithCrypto
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@bluwhale85, it’s really difficult to say where to open short or long positions cause the market is heavily manipulated..anyway I’ll make a analysis today
UnknownUnicorn2774089
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@bluwhale85, ask the bots that manipulate these markets. They hold the key to these forced pulldowns and fake pumps