Happy new years Traders. I wish new years will bring us with joys that we have been waiting for a long time! Lets get down to business part a bit!
We have been correcting since December 27 from 52k to 46k. This is completely normal for holiday season. People generally relaxed and cooperation's busy with end of the year calculations ! I am expecting a bit of bumpy ride till after the new years but few days after but we should gear up for a big bounce back with a bang! Technical point things aren't looking that well but this is how it suppose to work. Crypto is never meant for faint hearted individuals. Traders takes risks and gets paid accordingly!
We have been correcting since December 27 from 52k to 46k. This is completely normal for holiday season. People generally relaxed and cooperation's busy with end of the year calculations ! I am expecting a bit of bumpy ride till after the new years but few days after but we should gear up for a big bounce back with a bang! Technical point things aren't looking that well but this is how it suppose to work. Crypto is never meant for faint hearted individuals. Traders takes risks and gets paid accordingly!
Kommentera:
Here is short term look. We just completed reverse cup of coffee pattern and target reached! We should be reversing from here!
Kommentera:
Now we are in super dummy zone.This zone is scary but perfect for those who is willing to accumulate more for the longer term investments. I believe latest decline in price was some sort of bear trap. Otherwise this does not make sense since we did completed reverse cup of coffee formation.
Historically, Btc slightly crashes before it rallies. This could be tactical move so investors can accumulate more coins by scaring you! This is not the time to be scared! Few altcoins also rallying as we speak regardless of recent btc's %5 sharp drop.
Historically, Btc slightly crashes before it rallies. This could be tactical move so investors can accumulate more coins by scaring you! This is not the time to be scared! Few altcoins also rallying as we speak regardless of recent btc's %5 sharp drop.