5 months of decline, why is he not allowed to rise? Most new investors enter during the rise and not during the recession. Secondly, Bitcoin has dropped a lot over 5 months, and that's enough!
Ploto 1
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When Bitcoin touched 63,955,947,784 at 88,820, the overall trend officially changed to bullish, and at that time, the rise was for the sake of rising; but since it touched 92,000, the rise has had one goal: to take the liquidity above!
And when I just answered the question of when Bitcoin will drop to 81,000, I said that the weekly candle is the only thing that will tell me, on Sunday evening.
I don't oppose the market as usual.
I write what I see regardless of my personal feelings. When Bitcoin dropped to 74,000, I clearly posted here that the bottom is here, don't worry, and when it was priced at 85,000, I clearly posted that if it reaches 88,820, the descending peaks and troughs pattern will be invalidated and the trend will turn bullish.
So when I write that I expect it in the eighties again, this is not a dream; I rely on real data. There are no new investors entering the market in the case of its continuous rise, and there is no real liquidity for Bitcoin if it continues to rise without re-testing this simply.
💠 Note: Regarding the instantaneous analysis of the market situation that may happen today, I have posted it on the channel.
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