EYE PELAO !!!! ⚡ ☣️
IN my OPINION, that is MY OWN interpretation.
$BTC is in a correction !!!!!!!
by the way, very normal and healthy !!!!!
that the market is in red.
that BTC is a scam.
that the whales are playing their game.
that experts say it will go to zero and others think it will go to a million.
STOP BELIEVING in GURUS and SEERS !!!
ask yourself first if you have done your own analysis??????
ok I am going to make my little analysis ....
until November 2023 BTC was dancing between 63k or close to 70k, and then the run started up to a maximum of 109k.
then obviously not being able to surpass the limit of its ATH, it started correcting between 102 and 107k.
then it persistently kept dropping and now it is at 83k.
no ASSET ever grows so much without correcting.
for those who do not know what correcting is.
correcting is simply going back to cover (graphs of the asset) that giant growth it has had.
and why does it do it ???? 🤬🤬🤬
ah well very simple 😃
the first rule 📐 you learn in trading when reading charts...
* read the charts to the left *
no trader or investor can calculate the trend in a chart (math and probability) without reading to the left.
why? simple my dear grasshoppers 🦗, because the left of the chart is the "HISTORICAL" movement of that asset and with that history we can "HAVE AN IDEA" of what the movement to the right of the chart will be, that is, the future of that asset.
I hope it is understood !!!!!
the void left (unknown universe) by BTC in a growth from 74k to 109k had to be corrected !!! ,
and for what ?????
to keep GROWING !!!!!!!
in other words !!!!
" the market 💹 always recovers "
analyze a little before investing and please do not believe in GURUS !!!!!!