CJ_GOLDPIPS

BITCOIN MONTHLY ANALYSIS

BINANCE:BTCUSDT   Bitcoin / TetherUS
Outlook for BTC for the coming months. Unlike many others, I do expect a pump up instead of a downside on BTC. Fundamentally we are struggling due to many Fuds in the markets now which is why i do expect a ton of people trying to short the market. This gives me a better confluence that i do believe BTC will actually pump in the coming weeks towards end of the year or early towards 2023. The accumulation zone has been marked and shorts from 21500$ has been called out weeks ago. Now that price has hit our accumulation zone, i will be looking to dollar cost average in. Thinking about it, if many do expect BTC to hit 13k or even 12k in the near future, the whales and institutions won't make it that simple or everyone would be rich by then. The markets is made of human emotions and greed. Always stay one step ahead.

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