No one knows what the heck will really happen with bitcoin but...
according to the chart we are in a falling wedge that needs to regain strength killing all short positions.
Even if it doesn´t fall to 14k (it will) as, cash left the market, high inflation worldwide, energy price for miners, trend analysis, and trend following, I would not mess with crypto right now.
Is not even cheap to buy it now, this is not the deep. A possible scenario may be a correction of 90% from 28k.
Don´t get me wrong, I am one of the believers of the blockchain, Bitcoin will go to 200k the next bull run, but not this year.
Let me know what you think.
Be wise don´t work for money, make money work for you.
according to the chart we are in a falling wedge that needs to regain strength killing all short positions.
Even if it doesn´t fall to 14k (it will) as, cash left the market, high inflation worldwide, energy price for miners, trend analysis, and trend following, I would not mess with crypto right now.
Is not even cheap to buy it now, this is not the deep. A possible scenario may be a correction of 90% from 28k.
Don´t get me wrong, I am one of the believers of the blockchain, Bitcoin will go to 200k the next bull run, but not this year.
Let me know what you think.
Be wise don´t work for money, make money work for you.