Hi all,
In last week's bitcoin review, I expected a correction, but it was not given, the price continued sideways movement and as a result we saw a nice growth of altcoins.
That is why I reconsider my expectations for correction, especially there was no entry point, to sell it was a strait on the volume down, I warned that it is not a good idea to sell without set.
Last week, the positives in the crypto sphere included an ETF filing from the Fidelity investment fund (second largest in the US, AUM - 4.2 trillion). A week earlier, as everyone probably knows, there was an application from Black Rock, how the approval of applications from these investment funds may affect the crypto market, I wrote in more detail about this idea, in general the news background is quite positive, and bitcoin may continue to grow under it all.
Technically, the price was held above the 30K area, and there was a false-break to 29600, which is another indication of a potential break-up.
Mid-term, we can consider buying at a breakdown of 31500, with stops under 29600. Targets 33000-34000-35000-36000.
Support for the author subscribe ✅ and start rocket 🚀.
Good luck and profit to all.
In last week's bitcoin review, I expected a correction, but it was not given, the price continued sideways movement and as a result we saw a nice growth of altcoins.
That is why I reconsider my expectations for correction, especially there was no entry point, to sell it was a strait on the volume down, I warned that it is not a good idea to sell without set.
Last week, the positives in the crypto sphere included an ETF filing from the Fidelity investment fund (second largest in the US, AUM - 4.2 trillion). A week earlier, as everyone probably knows, there was an application from Black Rock, how the approval of applications from these investment funds may affect the crypto market, I wrote in more detail about this idea, in general the news background is quite positive, and bitcoin may continue to grow under it all.
Technically, the price was held above the 30K area, and there was a false-break to 29600, which is another indication of a potential break-up.
Mid-term, we can consider buying at a breakdown of 31500, with stops under 29600. Targets 33000-34000-35000-36000.
Support for the author subscribe ✅ and start rocket 🚀.
Good luck and profit to all.
