It seems a very simplified view to me for short-term price movement. I don't think it is going to drop. At the same time, downward movement is possible but not at the level of panic perceptions.
Reason for bullish upward movement in next few months:
Reason for bullish upward movement in next few months:
- If it drops below 200-day MA, it represents mega sale event (when Covid-19) happened.
The current market is in favor of it shooting up.
How many are ready to lose their negative bets?
BEARS- This is not a stock market where you can manipulate the market overnight.
People own BTC and they would make you suffer again like the covid-19 event.
评论:
Bearish Trend For Sure. 10k bottom likely happening. How fast? Don't know.
