There are 2 major rising wedges forming since 2018.
They are massive, which destroy any other small timeframe falling wedge explained by youtubers or moontubers.
If you follow any of those guys on Youtube tell them to come and read my chart so they can have another perspective and probably they can help others in a better way.
I DON'T THINK THEY WANT TO DESTROY YOUR ECONOMY BUT THEY MIGHT NEED A DIFFERENT PERSPECTIVE.
The bottom os the larger wedge is calling around $26k and according to the chart, it might come at the end of February and middle of March.
So is better to stay in cash or get your short position with very low leverage and set your stop loss. If you set stop loss you'll never lose money (just time and your nerves)
Once we hit $26k the pump is obvious to $32k and if there is a lot of FOMO will reach $38k then the falling will continue between $18k and $16k.
Guys the BEAR MARKET is here, it is obvious. Don't follow the flock, a smart investor will see the scenario in the long-term.
Sell all your ALT's bc you will need the real cash from today to buy BTC at the price of the upcoming tomorrow. BTC under $10k is unthinkable for the majority and that's why it will go there. That's how the market works.
Now, just chew what I'm sharing and come back for more because I will keep sharing my personal analysis.
I just want to give you perspective so you can have the right balance to take YOUR OWN decisions.
So far those Youtubers told you to buy BTC or other ALTS and your investment is being diminished.
BTCUSD
They are massive, which destroy any other small timeframe falling wedge explained by youtubers or moontubers.
If you follow any of those guys on Youtube tell them to come and read my chart so they can have another perspective and probably they can help others in a better way.
I DON'T THINK THEY WANT TO DESTROY YOUR ECONOMY BUT THEY MIGHT NEED A DIFFERENT PERSPECTIVE.
The bottom os the larger wedge is calling around $26k and according to the chart, it might come at the end of February and middle of March.
So is better to stay in cash or get your short position with very low leverage and set your stop loss. If you set stop loss you'll never lose money (just time and your nerves)
Once we hit $26k the pump is obvious to $32k and if there is a lot of FOMO will reach $38k then the falling will continue between $18k and $16k.
Guys the BEAR MARKET is here, it is obvious. Don't follow the flock, a smart investor will see the scenario in the long-term.
Sell all your ALT's bc you will need the real cash from today to buy BTC at the price of the upcoming tomorrow. BTC under $10k is unthinkable for the majority and that's why it will go there. That's how the market works.
Now, just chew what I'm sharing and come back for more because I will keep sharing my personal analysis.
I just want to give you perspective so you can have the right balance to take YOUR OWN decisions.
So far those Youtubers told you to buy BTC or other ALTS and your investment is being diminished.
BTCUSD