CRYPTOWATCH // 10: The last hope for BTC bulls

BTC LIVE CHART: Bitcoin is battling the bears to keep above 42K. A crucial level that you want to hold as its the 200 EMA on the daily (important capitulation indicator) and it will act as resistance and will lead the way to a sub 40K Bitcoin. Mind you; bull markets take the stairs up and bear markets take the elevator down.

I know that most traders say BTC is absolutely not bearish and bull market is not over - and I know the reason: they have a big bag of BTC. Holding 42K is the last hope for the bulls! (also keep an eye on the other charts linked below)

IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.

評論:

900 dollar away from capitulation... (this does not mean we dump straight away, it means support is broken once so second time is easy)

評論:

Like expected, I didnt draw no pattern, fib levels or any other stuff as there was no market structure yesterday. There was just one line: 42K and now its broken. A lot of very dirty market maker games to rek shorts, spiking the highs completely. For example; LINK from 39 to 44 in the matter of hours is nothing else than market maker moves; fast move; false move. Not only with LINK but with most alt coins; they will come down further. Maybe most of you dont want to hear this or thought I am stupid to share bearish views for the last weeks but I share realities and not dreams.