BTC/USD Bitcoin To Resistance - What Can/Will Happen (VIDEO)
Hello Trading Maniacs
Bitcoin is approaching the resistance line from the previous downtrend channel - Now, what to do? This video explains what will happen when we touch this line. The people who are still waiting for BTC to fall to 4000 soon, are the ones waiting for the Rolling Stones to make a comeback. Somethings just don't happen in the near future. (It can happen for BTC, just not yet cutiepie)
$11300 is a level we should watch closely. Most likely whe will start a correction to 8500 or even 7000 is possible. I explain in the video why.
Remember:
Bull Market means buyers market - means prices rise - means greed (Trading in crypto's just started, new market, high volatility)
Bear Market means sellers market - means price decline - means fear (Same rules as above)
We are absolutely in a Bull Market, Crypto is HOT, the future, Bitcoin is smoking, no loss of interest and ...) So dont, please dont look at it as stocks, bonds, forex or indices. Fundamentals mean nothing, really..
Disclaimer
I could be wrong, but... Yeah, I dont think so. Even though, The author, el Magico Tomasso, also known as the Magician, forever remembered in the whole world under alias WhatsThatCrypTom, shorter CrypTom, initials CT is not responsible for any trading losses you may endure. Its your F. money. All very interesting information and chart analyses from CT are for entertainment purposes only.
Bitcoin is approaching the resistance line from the previous downtrend channel - Now, what to do? This video explains what will happen when we touch this line. The people who are still waiting for BTC to fall to 4000 soon, are the ones waiting for the Rolling Stones to make a comeback. Somethings just don't happen in the near future. (It can happen for BTC, just not yet cutiepie)
$11300 is a level we should watch closely. Most likely whe will start a correction to 8500 or even 7000 is possible. I explain in the video why.
Remember:
Bull Market means buyers market - means prices rise - means greed (Trading in crypto's just started, new market, high volatility)
Bear Market means sellers market - means price decline - means fear (Same rules as above)
We are absolutely in a Bull Market, Crypto is HOT, the future, Bitcoin is smoking, no loss of interest and ...) So dont, please dont look at it as stocks, bonds, forex or indices. Fundamentals mean nothing, really..
Disclaimer
I could be wrong, but... Yeah, I dont think so. Even though, The author, el Magico Tomasso, also known as the Magician, forever remembered in the whole world under alias WhatsThatCrypTom, shorter CrypTom, initials CT is not responsible for any trading losses you may endure. Its your F. money. All very interesting information and chart analyses from CT are for entertainment purposes only.
Commento:
Correction is Higly Likely finished. Should see prices climbing from now! Happy Trading Maniacs
