Hello to everyone. I'm relative new to this trading universe but been paying attention in the bitcoin ecosystem for over an year now, and based on the technical analysis supported by indicators I expect that we have a not so good Christmas this year (compared to the 20k...)
In my opinion the market is over bought on bitcoin and need to find somehow a 4k-5k term and there get perfect support for lets say, another year or less based on so many fundamentals.. ETF.. securities.. sec.. you name it.
After that period we are ready for another mooning, until there, short swings are a most.
this is my personal idea, not any financial advice of any kind, and hope to be wrong and we go 100k by Christmas =)
happy trading
In my opinion the market is over bought on bitcoin and need to find somehow a 4k-5k term and there get perfect support for lets say, another year or less based on so many fundamentals.. ETF.. securities.. sec.. you name it.
After that period we are ready for another mooning, until there, short swings are a most.
this is my personal idea, not any financial advice of any kind, and hope to be wrong and we go 100k by Christmas =)
happy trading