In my opinion there is no strength to go up now.
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In my opinion many people think that the bubble has popped. They are afraid to buy and they are waiting for even better prices. I think the price around 8000 or maybe even 4000 is the price where we are going to see a significant bounce up. After the price bounces more and more people are going to buy afraid that they will miss out and we may see a new ATH. The second option is: after bouncing from 8000 or 4000 we are SLOWLY going to go up...
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When we close the 4 hour candle over 12460 we may be a bit safer but im still bearish on bitcoin on during the next days/weeks
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We are going down.
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8000 is waiting.
Trade stängt: målet nått:
5000$ is waiting
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We are still going to 5000. this is not the end of the correction