Hi everyone.
The price of BTC is still in a difficult situation, when the price movement does not meet short-term expectations.
In my opinion, now the situation is 50/50 and no matter what anyone says, the further dynamics will be accompanied by working out of some patterns.
Even now, as well as earlier, I'm still inclined to the formation by the price of the wedge model, which most likely has not come to the end yet.
The bulls' mood is worsening because of geopolitics and the situation with the crypto-giants, which are hanging over the debt abyss to investors and other institutions.
However, market-makers are in no hurry to launch an avalanche of sales yet, which also leads me to certain thoughts about false pressure based on industry news.
All in all, I recommend watching the price closely and being guided by facts and good market models to plan your trades.
Good luck
The price of BTC is still in a difficult situation, when the price movement does not meet short-term expectations.
In my opinion, now the situation is 50/50 and no matter what anyone says, the further dynamics will be accompanied by working out of some patterns.
Even now, as well as earlier, I'm still inclined to the formation by the price of the wedge model, which most likely has not come to the end yet.
The bulls' mood is worsening because of geopolitics and the situation with the crypto-giants, which are hanging over the debt abyss to investors and other institutions.
However, market-makers are in no hurry to launch an avalanche of sales yet, which also leads me to certain thoughts about false pressure based on industry news.
All in all, I recommend watching the price closely and being guided by facts and good market models to plan your trades.
Good luck
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