BTC broke the strong 50K support level a month ago.
I believe it because the high jobless rate news that USA gave.
Anyway, there are still a lot of leverage long positions in the market, means we will probably see liquidity to 39K-40K, then range in 46K and jump to 56K.
It also make sense with what happend in the past with bitcoin.
Notice that everytime before the big bullruns, there was fear and unknown of whats going to be. all this downtrend is absolutely fine.
If you liked the idea please like and follow for more.
Wish for us green days.
I believe it because the high jobless rate news that USA gave.
Anyway, there are still a lot of leverage long positions in the market, means we will probably see liquidity to 39K-40K, then range in 46K and jump to 56K.
It also make sense with what happend in the past with bitcoin.
Notice that everytime before the big bullruns, there was fear and unknown of whats going to be. all this downtrend is absolutely fine.
If you liked the idea please like and follow for more.
Wish for us green days.
