One or two more huge crashWe all could see bitcoin is very struggling near 20K but emerge to be under 19K.. very bad news for bitcoin should expect the huge crash.
We are NOT Bottomed.. don’t be foolish.. the bear market isn’t over.
The bottom is around 10K that has a huge amount of volume of the last cycle since 2018. Even so the erase of the inflation data then the update of the inflation is 8.2% which will effect bitcoin as well to amid that US is in the risk of the recession and second the Feds will go aggressive to increase higher rates.
If you are waiting for a buy please buy at the 10K mark I had this prediction since the begin crash and my prediction is getting there.
As the bottom hits 10K then the target will be over 120K in the merge of 2023-2024.
Waitforbuy
ETHUSD CRASHING BREAKOUT, when to buy.Same thing for bitcoin .. I like around 500 area for a buy as a long term. Again the bear flag formation then a breakout.
Recession & inflation gone worse from the weigh pressure of high rates.
500 area long term to over 7000, even so price will go higher.
We be seeing 6000 but possible to go a lot higher. Same thing if your a day trader hold that sell profit if using MT4&5 .. be sure to take those large and buy with bigger lots.
Coin base..etc wait for the buy around 500.
Please be careful and good luck:) see you at the buy zone.
Buy ETHUSD: around 500 area
Take profit : 7000 or higher
More bitcoin crash from breakout, when To buy. Bear flag created and more drops, my analysis had been created of more drop , more breakouts.
Experts still expecting to down lower down to 10K so the price will pressure up to go higher. Even so the White House warned about the inflation are going highly elevated , inflation and recession are going a lot worse.
This is when to buy ..
10K area anywhere around 10K .. long term buy hold it for 2 years and will go over 100K, massive bull run is coming but we won’t expect the new low around august or September.
6500 is possible but not so sure yet of that low keep an eye only if just in case.
New low for bitcoin is around 10K because base on the charts it has stronger floors and support, if you are day trading like MT4 or MT5 hold that sell keep making those profits.. if you have coin base or binance I highly wait around 10K for the buy long term.
This is all for now trade safe and please be careful for bull traps.
Buy bitcoin: entry anywhere around 10K
Take profit: over 100K