Watch for the decline of digital currencies tomorrow, Monday!!!!
.....
I spent some time tracking the movement of digital currencies, especially those related to Bitcoin $BTC, the most important of which is $SOL
$ETH and others. These currencies have recently moved down and down between 5 stages, and I will give an example with Bitcoin, for two months [this analysis may change if Bitcoin exceeds the 100,000 hurdle or drops below 90,000]....
&& The scenario is the same:
In the case of an increase, the first stage usually starts from 92,000 or 93. This condition usually lasts a day or two, then Bitcoin moves to the second stage, which is the 94 threshold, which often lasts a day or less than 8 hours, then a stage between 95 and 97, and it invests more days, up to four days or perhaps less. Often, stage No. 4 begins, which is the 98 to 99 thousand threshold. It often lasts for a shorter period due to the sharp selling wave.
Scenario 2
Bitcoin may fail to continue in phase 3 which is the 95k threshold and return to phase 1....after the events that may cause this.
&&End of the rise:
Because of the selling in phase 4, the decline often does not last for a long time, but usually takes 4 days to return to phase 1, and it may be delayed more due to buying in the middle or at a point that someone thinks is the bottom. This creates some support in the event of a decline.
&Where are we now: We are in the phase of the decline and adjustment in the middle, so tomorrow the currencies will rise a little and then return to the decline.
.....
I spent some time tracking the movement of digital currencies, especially those related to Bitcoin $BTC, the most important of which is $SOL
$ETH and others. These currencies have recently moved down and down between 5 stages, and I will give an example with Bitcoin, for two months [this analysis may change if Bitcoin exceeds the 100,000 hurdle or drops below 90,000]....
&& The scenario is the same:
In the case of an increase, the first stage usually starts from 92,000 or 93. This condition usually lasts a day or two, then Bitcoin moves to the second stage, which is the 94 threshold, which often lasts a day or less than 8 hours, then a stage between 95 and 97, and it invests more days, up to four days or perhaps less. Often, stage No. 4 begins, which is the 98 to 99 thousand threshold. It often lasts for a shorter period due to the sharp selling wave.
Scenario 2
Bitcoin may fail to continue in phase 3 which is the 95k threshold and return to phase 1....after the events that may cause this.
&&End of the rise:
Because of the selling in phase 4, the decline often does not last for a long time, but usually takes 4 days to return to phase 1, and it may be delayed more due to buying in the middle or at a point that someone thinks is the bottom. This creates some support in the event of a decline.
&Where are we now: We are in the phase of the decline and adjustment in the middle, so tomorrow the currencies will rise a little and then return to the decline.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
105,690.33
+1.18%
