A couple of days ago, bitcoin was down 20%. A lot of market participants were liquidated. According to analytical companies, more than 350 thousand traders and more than $3 billion were liquidated.
What do we have on the chart?
Usually the market moves in two impulses. The first impulse we saw. Now is a local consolidation. After that, with a high probability, there will be another impulse. During which there will be a strong drop down and collection of bullish stop losses. This will be the best opportunity to buy. From here on, only upward, to 130,000 dollars!
What do we have on the chart?
Usually the market moves in two impulses. The first impulse we saw. Now is a local consolidation. After that, with a high probability, there will be another impulse. During which there will be a strong drop down and collection of bullish stop losses. This will be the best opportunity to buy. From here on, only upward, to 130,000 dollars!
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