There are a lot of rumors that bull season in cryptos started. But when we look at global macroeconomics and make a comprehensive fundamental analysis we see that we have time for the bull season. This time we have to check big companies for a new bull season. Just whales and big investors cant make this happen.
Assuming that we are still in a bear market here is my analysis of Bitcoin on the chart.
I believe that Bitcoin will go higher to 36k levels to make believe little investors it is a bull season. After that when there are enough long positions they will make it go down to liquidate everyone.
To sum up, I still believe that we are in a bull season so Bitcoin can test at least the 15-16K levels again.
Assuming that we are still in a bear market here is my analysis of Bitcoin on the chart.
I believe that Bitcoin will go higher to 36k levels to make believe little investors it is a bull season. After that when there are enough long positions they will make it go down to liquidate everyone.
To sum up, I still believe that we are in a bull season so Bitcoin can test at least the 15-16K levels again.