#BTC is currently trading in a critical point of price ranging around 110000 and the major psychological support is 109000 and it breaks then it can revisit 100000 or below.
After the current 19 billion liquidation of longs its is unlikely to fall but it is falling which indicates a major downside pressure. Moreover majority of big traders are in shorts and they might know something but it can also triger an upward movement.
Lots of institutions are betting behind closed doors and no body knows exactly whats next.
In my opinion #BTC want to fall and should fall because it has hit new #ATH and it may trigger a healthy retracemen and after that straight to 150k but one should be precautious while trading.
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Meanline the Alt coin are also following BTC and memecoins too.
In my advice one should invest 10 percent of his or her capital and buy and don’t sell until BTC hit new ATH.
At last, every major coin has pumped ans mostly hit their ATH but some coins like #pepe has not pumped so much and its is good price to buy also, put some money on it and sell when BTC make new ATH.
This is not a financial advice, DYOR
#CryptoMarketAnalysis
After the current 19 billion liquidation of longs its is unlikely to fall but it is falling which indicates a major downside pressure. Moreover majority of big traders are in shorts and they might know something but it can also triger an upward movement.
Lots of institutions are betting behind closed doors and no body knows exactly whats next.
In my opinion #BTC want to fall and should fall because it has hit new #ATH and it may trigger a healthy retracemen and after that straight to 150k but one should be precautious while trading.
.
Meanline the Alt coin are also following BTC and memecoins too.
In my advice one should invest 10 percent of his or her capital and buy and don’t sell until BTC hit new ATH.
At last, every major coin has pumped ans mostly hit their ATH but some coins like #pepe has not pumped so much and its is good price to buy also, put some money on it and sell when BTC make new ATH.
This is not a financial advice, DYOR
#CryptoMarketAnalysis