#BTCUSDT Bitcoin is now trading below its 20-Jan 2025 peak price. And it is also producing a lower high. Both bearish signals that are pointing to a lower low.
If the first drop settled around 100K, the second one should settle in the low 90K or right below 90K. It can go lower of course but we go step by step. I am not saying GO SHORT 20X again. This would only be possible for people who are smart, experienced traders and those that can take advantage of a changing situation without breaking their portfolio or long-term plans. Those can definitely SHORT this setup and profit short-term.
BTC is being pumped, but we have no profit, because we don't have BTC. But the more they pump, the more fear is growing, because if it comes down again, what will happen to the rest of the coins 🤣🤣
Just now BTC go down??? just to lequidate High leverage traders..... now alts will go up again.... if you want to make money you have to understand the market
If you see before CPI DATA market move very rustically up then CPI data will increase and after it announce market will go down
if you see Before CPI data market move rustically down then there is a very good chances that CPI data will be constant no change or It will cut and after it announced market will go UP