I did noticed lately most Ta's screaming that bitcoin heading up to $10000 then 100k . This does not make sense because we are just coming out of prolonged bear market . Some manipulators,institutions pushed this market too hard for their personal gain. At this point we have to come down to at least $6000-7000 range then we can climb back up again. Otherwise next crash will trigger another bear market. I was one of the first one guess bear market was over back in December.I am also confident about this drop as well but one can never be sure 100% , they may do one last trap so they burn people badly as per usual. Regular Ta's can't help much here as they are playing guessing game so need to point draw fancy charts.
Good luck traders! Trust your instincts not the Noise some people make here.
코멘트
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Well manipulators did their usual trap and reach 8800 by misguiding people as usual and followed by sharp decline as expected. this action should hopefully bounce between 6000-7000 zone.
@TheCryptAlpha, I am the one like your comment so you know. I am not a kid to start with. second of all if you read what I said LOw Iq individual, it says they may do one last trap so they burn people badly as usual!next time if you don't like what you read go to next Ta. No one needs to see your insults !
MichielVan_Kets
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I agree
MichielVan_Kets
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@MichielVan Kets, actually, this one says it better;
if we go any higher, it will only drop even lower afterwards
safe2godriving
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If you look closely we have a cup and handle formation and it’s up from here, there is too many whales heavily invested and I don’t think that they would want to tarnish Bitcoins reputation, even the bears wouldn’t want to tarnish bitcoins reputation, where else can they make tons and trillions of dollars !
SpaceCatZ
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@safe2godriving, And my green line fits cup and handle formation. Do you actually thin investors cares about bitcoin's reputation? IF they did we would not go down to $3000 from $20000. I have been around this market too long so I know one thing or 2. One thing you will figure yourself is people got very short term memory in this market. They will not remember anything after few weeks.
Poukitoun
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But it could be neither of the two and go sideways for a few months ;) many are expecting a drop, BTC has shown in the past how it can set sail without ever looking back!