As per my understanding in the market, bears are turning down slowly... but it doesn't mean that bears don't control the market yet.
Big shorters are closing their position in order to make an another good position in the upside. The momentum downside is gradually weakening,
we might see an upward movement soon, maybe on weekdays for a week in order to make an relief pumps. But still, the over all trend is still bearish.
We might recover until $32,000 Resistance level, for another leg down. I'm projecting this movement will touch the $13,000 - $15,000 support level.
If we reach these bottoms we may experience a consolidation above this level.
This is the best time to buy and accumulate spot bags before 2024 bull run.
This is what they did last 2017 - 2020, and when the bull market appears. They kept on selling their bags to us, while we keep on buying their shits. FOMO
Trade responsibly, trade with a plan.
Big shorters are closing their position in order to make an another good position in the upside. The momentum downside is gradually weakening,
we might see an upward movement soon, maybe on weekdays for a week in order to make an relief pumps. But still, the over all trend is still bearish.
We might recover until $32,000 Resistance level, for another leg down. I'm projecting this movement will touch the $13,000 - $15,000 support level.
If we reach these bottoms we may experience a consolidation above this level.
This is the best time to buy and accumulate spot bags before 2024 bull run.
This is what they did last 2017 - 2020, and when the bull market appears. They kept on selling their bags to us, while we keep on buying their shits. FOMO
Trade responsibly, trade with a plan.