W.R.T to previous predictions. The 75k #BTC and 1400 for #ETH has been reached
we might see #ETHUSDT try to reach 1750 but that will be just a fakeout.
placing a small Trade might benefit you , but remember to start take profit arround 1700 as 1700-1750 is a range of reversion and we will head back to 1400 or lower most probably.
Here is my predictions for this market with respect to ongoing trends before the market reverts back.
For #BTC the levels are 72K -69K
For #Ethereum the levels are 1400 -1250
As far I have understood the current conditions of the markets.
1. USA wants to buy one million bitcoin for it's reserv against it's gold reserv
2. Big institutions cleared a big amount of $BTC at the top to book some insane profits which were blocked for a long time and looking forward to increasing there stack so they are eying for a good buying opportunity.
3. Hedge funds and some institutions are planning to launch $ETH ETF Which requires a big holding on ETH in wallets .
4. Those individuals or whales who have been into this market for a long time, they are just buying at every minor to big dip because they just gonna increase there holdings for the long term.
Given the above scenarios , there is lesser activity which is shaking weak hands and resulting in a weak uptrend which looks more like a consolidation followed by a small dip.
For the big player and some smart players to enter , the market needs to touch some significant low levels.
Tell us about your thoughts and predictions about the most significant level of reversion for BTC
As predicted 1750 has been broken and 1650 is being tested , do not panic buy , if already in a long position , it's better to either have extra margin or remake the position 1550 won't be blunder.
$BTC $ETH $SOL Do not get lured into the trap of a small upside move , weak hands are shaking.
A small wait is okay if you are looking at the bigger picture of the long term gain.
Traders who try to benefit from the small ups and downs actually suffer loss or do not catch the big move
Do not suffer a loss in making a few bucks in swing trading , a single bull run will outperform your stressful trading without even looking at the screens.
Here is my predictions for this market with respect to ongoing trends before the market reverts back.
For #BTC the levels are 72K -69K
For #Ethereum the levels are 1400 -1250
As far I have understood the current conditions of the markets.
1. USA wants to buy one million bitcoin for it's reserv against it's gold reserv
2. Big institutions cleared a big amount of $BTC at the top to book some insane profits which were blocked for a long time and looking forward to increasing there stack so they are eying for a good buying opportunity.
3. Hedge funds and some institutions are planning to launch $ETH ETF Which requires a big holding on ETH in wallets .
4. Those individuals or whales who have been into this market for a long time, they are just buying at every minor to big dip because they just gonna increase there holdings for the long term.
Given the above scenarios , there is lesser activity which is shaking weak hands and resulting in a weak uptrend which looks more like a consolidation followed by a small dip.
For the big player and some smart players to enter , the market needs to touch some significant low levels.
Tell us about your thoughts and predictions about the most significant level of reversion for BTC
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Here is my predictions for this market with respect to ongoing trends before the market reverts back.
For #BTC the levels are 72K -69K
For #Ethereum the levels are 1400 -1250
As far I have understood the current conditions of the markets.
1. USA wants to buy one million bitcoin for it's reserv against it's gold reserv
2. Big institutions cleared a big amount of $BTC at the top to book some insane profits which were blocked for a long time and looking forward to increasing there stack so they are eying for a good buying opportunity.
3. Hedge funds and some institutions are planning to launch $ETH ETF Which requires a big holding on ETH in wallets .
4. Those individuals or whales who have been into this market for a long time, they are just buying at every minor to big dip because they just gonna increase there holdings for the long term.
Given the above scenarios , there is lesser activity which is shaking weak hands and resulting in a weak uptrend which looks more like a consolidation followed by a small dip.
For the big player and some smart players to enter , the market needs to touch some significant low levels.
Tell us about your thoughts and predictions about the most significant level of reversion for BTC
As far I have understood the current conditions of the markets.
1. USA wants to buy one million bitcoin for it's reserv against it's gold reserv
2. Big institutions cleared a big amount of $BTC at the top to book some insane profits which were blocked for a long time and looking forward to increasing there stack so they are eying for a good buying opportunity.
3. Hedge funds and some institutions are planning to launch $ETH ETF Which requires a big holding on ETH in wallets .
4. Those individuals or whales who have been into this market for a long time, they are just buying at every minor to big dip because they just gonna increase there holdings for the long term.
Given the above scenarios , there is lesser activity which is shaking weak hands and resulting in a weak uptrend which looks more like a consolidation followed by a small dip.
For the big player and some smart players to enter , the market needs to touch some significant low levels.
Tell us about your thoughts and predictions about the most significant level of reversion for BTC