Folks, this is a very objectif analysis. I think we all need to answer questions below to yourself before jump in.
In theory, we have entered a consolidation period, where 70% buyers are investor. We are at the Base 1 level.
Facing the new parabolic jump that we have here:
Do we have a clear break out? Is the trend changing?
Could it go to 28 for now?
Is this temporary and a Bull trap?
Is bitcoin fall will continue? 27K? Where Mara will be then?
We can expect a buy in between 23 to 20,with sopt loss at 19.
We are very close too recent over brought level.
In theory, we have entered a consolidation period, where 70% buyers are investor. We are at the Base 1 level.
Facing the new parabolic jump that we have here:
Do we have a clear break out? Is the trend changing?
Could it go to 28 for now?
Is this temporary and a Bull trap?
Is bitcoin fall will continue? 27K? Where Mara will be then?
We can expect a buy in between 23 to 20,with sopt loss at 19.
We are very close too recent over brought level.