💎BTC: Perfect Bounce Frm Demand Zone, Can We Trust This🙄🙄🙄🙄
Hello Dear Traders,
As we know Entire Crypto Market again Crashed to its Solid Demand Zone. BTC tested 29k Area after 5 months, as expected btc bounced frm 30k area and we seen rapid buying pressure frm bulls. On daily timeframe we can see good amount of buying pressure. In 8 days we are going to see Monthly candle closing and obviously its going to close strong bearish. I think we have to become more cautious on this type of rise bcoz Higher timeframe is extremely bearish and every rise is getting SHOTED by bears. once we close monthly candle bearish we will see increase in selling pressure and again Crypto market is going to crash hard. Don't expect great gains on BUY Side...
As we know Entire Crypto Market again Crashed to its Solid Demand Zone. BTC tested 29k Area after 5 months, as expected btc bounced frm 30k area and we seen rapid buying pressure frm bulls. On daily timeframe we can see good amount of buying pressure. In 8 days we are going to see Monthly candle closing and obviously its going to close strong bearish. I think we have to become more cautious on this type of rise bcoz Higher timeframe is extremely bearish and every rise is getting SHOTED by bears. once we close monthly candle bearish we will see increase in selling pressure and again Crypto market is going to crash hard. Don't expect great gains on BUY Side...
