I started btc analysis so suddenly because this is very important level.
as you can see I still kept my triangle line because the drop we had was not expected.
That drop was caused by dropping of all assets even gold. so it must come back due to quantitative easing.
Right now we are testing our resistance because of oil news but well.. BTC have nothing to do with oil.. seriously..
Why the hell are we coupling with Dji or Nasdaq.
we must coupling with gold not with those shits.. anyway.. this is critical moment because the drop was not expected, but as it goes on everything goes really well for bitcoin.
Even digital dollars can be out at any moment. right now is buying time not to sell. When the drop caused by outside of crypto world it is best time to buy.
we will recover it any time soon to that main triangle. if we do we must go up with FOMO, then just enjoy your life and come back after a year later.
during this 3800~7200 price level, There were so many fake out by whales. which means they are buying so hard. So many whipsaw moves to liquidate long and shorts positions.
Final move would be.. everyone expect it to go up to just 7800 but.. that will break so shortly after small period of resistance. Bye Bye short.
as you can see I still kept my triangle line because the drop we had was not expected.
That drop was caused by dropping of all assets even gold. so it must come back due to quantitative easing.
Right now we are testing our resistance because of oil news but well.. BTC have nothing to do with oil.. seriously..
Why the hell are we coupling with Dji or Nasdaq.
we must coupling with gold not with those shits.. anyway.. this is critical moment because the drop was not expected, but as it goes on everything goes really well for bitcoin.
Even digital dollars can be out at any moment. right now is buying time not to sell. When the drop caused by outside of crypto world it is best time to buy.
we will recover it any time soon to that main triangle. if we do we must go up with FOMO, then just enjoy your life and come back after a year later.
during this 3800~7200 price level, There were so many fake out by whales. which means they are buying so hard. So many whipsaw moves to liquidate long and shorts positions.
Final move would be.. everyone expect it to go up to just 7800 but.. that will break so shortly after small period of resistance. Bye Bye short.