Bitcoin fans will not like this idea, but it is possible that BTC is already slowly ending its productive life and heading for retirement.
One can't help but notice the ever-decreasing percentage performance.
One can't help but notice the ever-decreasing percentage performance.
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Comment:
Keep it simple.
A stop loss is a valid close above strong resistance, otherwise look for a target in the area of strong support at the end of the year.
A stop loss is a valid close above strong resistance, otherwise look for a target in the area of strong support at the end of the year.
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Comment:
USDT.D is about to send crypto down.
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If I were to consider buying BTC, I would focus on the depression area, the market could potentially go there in 300 days.
And if that doesn't happen, I'd wait for a close above 32K.
I don't care about anything in between, waste of time.
And if that doesn't happen, I'd wait for a close above 32K.
I don't care about anything in between, waste of time.
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USDT.D is likely to end the consolidation soon, I expect an increase in dominance to the upside, followed by more cryptocurrency movement to the downside.
However, another fakeout is certainly possible, it is an integral part of this market.
Market makers will do anything to steer you in the wrong direction.
However, another fakeout is certainly possible, it is an integral part of this market.
Market makers will do anything to steer you in the wrong direction.
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Just as expected, there was a fakeout on USDT.D
Market makers should do some thinking, because if they use fakeout every time, traders will automatically count on it and fakeout will no longer serve its purpose.
Here it is back below the upper resistance in a consolidation range, if there is a subsequent break above, there will be a quick move up.
Cryptocurrencies will fall rapidly in parallel.
I personally don't care what happens here and how long it lasts.
The bottom of the crypto market is still far away.
Just as expected, there was a fakeout on USDT.D
Market makers should do some thinking, because if they use fakeout every time, traders will automatically count on it and fakeout will no longer serve its purpose.
Here it is back below the upper resistance in a consolidation range, if there is a subsequent break above, there will be a quick move up.
Cryptocurrencies will fall rapidly in parallel.
I personally don't care what happens here and how long it lasts.
The bottom of the crypto market is still far away.
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I wonder if the market makers will repeat the same song here.
Anyway, considering it a replacement for the dollar is ridiculous.
We can think what we want about the dollar, but it will be king for a long time.
Anyway, considering it a replacement for the dollar is ridiculous.
We can think what we want about the dollar, but it will be king for a long time.
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Here, by the way, I clarified the previous drop point, it didn't go all the way down, yet :)
Here, by the way, I clarified the previous drop point, it didn't go all the way down, yet :)