BTC | Potential Reversal Near 15K
Price looks like it already absorbed the FTX news, however the fear
and the panic is very high in the market.
So everyone is only talking about any other news that may come out again
related to any other broker infected from FTX.
So if that is not the case we may see the price to rise again.
It is also expected a lot from the market that BTC probably reached the bottom.
The reason after that is also BTC costs that are calculated near 15K and the is also the maximum
the price that BTC can crash.
However, the market fear can move it also lower....never knows with this market.
So this is only a possible scenario that I am looking at but it might be valid after more than
two weeks I guess.
For the time being the bearish volume is still very high.
Thank you and Good Luck!
Price looks like it already absorbed the FTX news, however the fear
and the panic is very high in the market.
So everyone is only talking about any other news that may come out again
related to any other broker infected from FTX.
So if that is not the case we may see the price to rise again.
It is also expected a lot from the market that BTC probably reached the bottom.
The reason after that is also BTC costs that are calculated near 15K and the is also the maximum
the price that BTC can crash.
However, the market fear can move it also lower....never knows with this market.
So this is only a possible scenario that I am looking at but it might be valid after more than
two weeks I guess.
For the time being the bearish volume is still very high.
Thank you and Good Luck!
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✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.