Current Market Scenario
We may have reached the peak of this rally, and soon we may witness a strong correction aimed at gathering and printing more liquidity. This allows whales and small investors to buy large quantities.
If Bitcoin successfully breaks the 106,000 level, there is an 85% chance it will record a new high, followed by a correction in acquisition, and only then will strong cryptocurrencies take off – and focus on the word "strong," meaning not all cryptocurrencies will surge.
Summary:
As long as we are above 90,000, the situation is positive
Breaking the level and trading below it for a week = beginning of negativity
Liquidity is present, and everything is ready
But the only obstacle for altcoins is Bitcoin's acquisition
Watch the market and be smart with your choices
#بيتكوين #تحليل_فني #سوق_الكريبتو
#BTCBackto100K #TradeOfTheWeek
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