Will BTC Crash To $50K?
Вставка
- Опубліковано 16 тра 2024
- $BTC No change from $50k target.
Took longer than expected, but idea is the same.
The UP false breakout coincided with the 200 H4 SMA and the 200 H1 SMA. I think the writing is on the wall on how bearish the whole situation is.
Volume has been low and inconsistent. This suggests further sideways movement is incoming.
Now I'll explain why I think $50.5k is a possible price target at the end of this crash.
That region was a highly traded area back in Feb 2024. Expect alot of support here.
The content of this post is for informational purposes only and should not be construed as financial advice. Any opinions expressed herein are solely those of the author and do not represent the views or opinions of any entity whatsoever. Individuals are encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions.
Crushed Exactly how you warned us. 😅
will not long until u post a lev trade haha thank you for the update
Haha I rarely trade with leverage but I'll signal when I go long.
Do you have a discord or anything where you answer questions I’m not on any social media
Hi I've made a discord channel, not sure if I can paste the link here. discord.gg/xySpp3Dj
it went parabolic back to 63k level, how do you think btc will play ? is your 50k still intact ?
My Twitter predicted that pullback 1 hour before it happened. x.com/tradenalytics/status/1786372978932093368
@@tradenalytics thank you for the great analysis. So the immediate bounce back not long after it touch below 57k is not a permanent upward move. Some other youtuber mention it was more of a spot buy during the pullback.
@@martziki9020 Yes but the character of price when it interacts with the $64-67k will give even more confidence if $50k is next.
@@tradenalytics cheers. i will keep that in mind.
I’ve been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?
Get an edge first. This should be the very first step for new traders. My edge is median lines, but it could be anything.