Be very careful at the price of $50,000 Bitcoin and do not trade
According to the previous post, this image, which shows the Bitcoin chart from the last 15 months, shows one thing:
Whenever bitcoin reaches a strong trend price, it either stops at that price for a while and then falls, or crosses it and returns to that price again, because that price is extremely strong resistance.
And now it has reached the price of $50,000 and this price is a very strong trend and it will probably have a heavy fall as in the past.
Do not do long or short trades in this market because this price is the most sensitive price of Bitcoin and anything can happen at this price.
I strongly advise, first of all, if there is a fall, do not make a short trade because at any moment Bitcoin may change its direction upwards, and also do not take a long trade if it rises, because a fall to the price of $45,000 is not out of mind.
Be very careful with your investments
The person who is running this market has become rich with our money, so be careful, don't make him richer.
Good luck
Whenever bitcoin reaches a strong trend price, it either stops at that price for a while and then falls, or crosses it and returns to that price again, because that price is extremely strong resistance.
And now it has reached the price of $50,000 and this price is a very strong trend and it will probably have a heavy fall as in the past.
Do not do long or short trades in this market because this price is the most sensitive price of Bitcoin and anything can happen at this price.
I strongly advise, first of all, if there is a fall, do not make a short trade because at any moment Bitcoin may change its direction upwards, and also do not take a long trade if it rises, because a fall to the price of $45,000 is not out of mind.
Be very careful with your investments
The person who is running this market has become rich with our money, so be careful, don't make him richer.
Good luck