Bitcoin still have space to go up to the green range (Monthly Fair Value Gap). Could be reached in February.
And then the previous resistance (Orange line), can become the next support.
Since the overall market is up, I wouldn't try to short, especially with leverage. I would buy spots at potential supports instead and ride the rally till 2025-2026.
I don't know how some people think the market is currently bearish, it has been going up from 16,000 to 43,000 for one year so far.
Always view BTC chart in logarithmic scale to see everything clearly.
And then the previous resistance (Orange line), can become the next support.
Since the overall market is up, I wouldn't try to short, especially with leverage. I would buy spots at potential supports instead and ride the rally till 2025-2026.
I don't know how some people think the market is currently bearish, it has been going up from 16,000 to 43,000 for one year so far.
Always view BTC chart in logarithmic scale to see everything clearly.
Comment:
Never short BTC until 2025 😆
Comment:
Did anyone buy the dip? 😆
Comment:
There may be another correction, but later on at the end of the month or March.
March is the guy the dip month again 😄
March is the guy the dip month again 😄
Comment:
Not gonna lie, I am sensing a crash
Comment:
BTC currently is in the monthly FVG at .702 Fib.
I think there might be a correction to around 46,400.
I think there might be a correction to around 46,400.
I would buy the dip