yangomk44

Bitcoin analysis

Short
BITSTAMP:BTCUSD   Bitcoin
Hi friends, I had previously given the necessary warning about this drop with an analysis of the total conditions of the digital currency market, which you can go and check. The point here is that most of the visible parameters indicated the conditions of the drop, but since the probability of the drop is also guessed by the general public. I knew that a limited rise to stop-hunt traders is coming. We know that in the financial markets, many people have to lose so that a few people make a profit, because there is no money creation in trading, and there are losers for every winner, so there is a possibility of a rise in order to make the traders lose their profit and then there will be a fall. And as you can see, the stop hunt happened in less than 5 minutes, which confirms the truth of what I said. But what can happen now?

In my opinion, two scenarios are possible. The first is the pink scenario, which is more likely. And the second scenario is blue. My opinion is that Bitcoin can fall to the $14,000 and $12,000 range because it has lost all important levels and engulfed sensitive points.

I constantly analyze Bitcoin and the digital currency market and update my analysis, so don't miss it.

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