Today is a day off, I want to spend this time in silence and usually I don't even look at the markets on such days. But I know that among my subscribers there are those who sometimes need clarifications, plus the situation is ambiguous, so I decided to write this post. A few words about $BTC : so, we have received a local bounce, but there was no engulfing candle, while the volume has slightly appeared and the bounce, although local (technical), was achieved. At the top, we have a closed buyer and the movement upwards should only be considered after breaking above 80,000 and subsequent consolidation! If this consolidation does not happen, then most likely the correction will continue, making the main priority the test of the 48-50 thousand zone. It is specifically in those zones that I will consider the first serious purchases, while current positions will be closed at breakeven. I hope I was able to explain everything clearly. Now is not the time to rush, cash in such a market is the best position possible. By the end of the year, I think with such liquidity and problems in the world we will see Bitcoin at 30,000 and $ETH at 900 and $SOL at 50. And there will be nothing surprising in this, as you have already understood 😉👌🏼
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