Ask yourself what is the lowest possible price for bitcoin? 20000? 15000? Theoretically, the price will be - 0. I'm not saying that there will be such a price, but if there is a panic in the market, keep this in mind. By the way, how much is Terra Luna now? Keep in mind that bitcoin was worth exactly zero at first. And the correction will probably drag closer to...
Small scheme as holders and buyers based on hopes for growth in the past hope to get a stable trend and get disappointed and go out selling 1) bounce above Supports 2) more rebound 3) Support is broken, but then turned out to be false (support is no longer completely reliable) 4) support broken for the second time (maybe there will be no support in the...
I accidentally saw an interesting falling wedge pattern at trader @moon333 You Cannot Ignore This Signal For Market Bottom. Since now it is strongly bearish, I immediately saw a fall pattern. It's funny, but the trader saw a sign of growth here. Of course, it can beat like that, but the falling wedge can break through not only up but also down. It was this...
Now many indicators and traders find signals for the fall of bitcoin, I will try to add one more reason, and as a result, it may turn out We look at the chart from afar. It is easy to guess the support line that has been drawn since 2013, the one that Bitcoin falsely broke through in March 2020. In early May, the second breakout, it's hard to believe that the...
One can look at the euro dollar as a movement of capital into a zone of stability, and an escape from various risks. From this point of view, the devaluation of the euro against the dollar may continue. Pay attention to the movement of the euro after 09.11. Something like this can now happen in the opposite direction, as the economy will not go into the zone of...
-We have a weekly bitcoin chart, (blue line) The red lines indicate the range of hanging highs and hanging lows (which is now broken down). -Long historical support line tested and rebounded in March 2020. Average price for 30 weeks (yellow line), (note that the average price for bitcoin has hung around 45,000 yew for almost a year) Now we can draw the...
Despite the previous flat forecast, I do not rule out a sharp continuation of the fall right now to 10,000. The reason - breakdown of a very long trend support line (blue line). I'm almost sure that in this scenario, the drop can reach 8000. Don't let that scare you. This is normal, nothing can grow without significant corrections towards the middle of the...
I think we are in for another terrible fall, but the rise will be even wilder. Be prepared for a downpour, take a parasol with you.
Since we are now out of the triangle, I expect a deep drop. I just can't believe it, but the war in Europe contributes to this. I expect the euro to fall below parity against the dollar even this year.
buying a pair of Japanese companies may be a good idea
I see the point for buying and holding for a period of two years
Long term hodl silver. Fundamentally anti-inflationary and protective asset. Buy now or on corections. There no stops.