Warning: Sell Bitcoin now!!!
During the past weeks. I see that Elon Musk doesn't accept Bitcoin, and that was a panic in the cryptocurrency for what Elon Musk doing in the past weeks, and that cause that Bitcoin and cryptocurrency continue crashing during these days. Also, I was sick during this when Elon Musk make this message and I havened like 2 weeks without analyzing the crytpcourrency as I was sick. But now, I'm okay of this disease that I get. But now, the crypto-market it's not stable and we see that Etheereum, Cardano, Chainlink, XRP, EOS, Tezos, Litecoin and rest of cryptocurrency crashing. That it's very bad. Ethereum was $4,000 USD, now Ethereum it's right now $2,600 USD. And also, this bearish movement was so volatil how we see this crash of Bitcoin. But guys, as message, if we're leading to the bear market in Bitcoin and cryptocurrency, maybe, we can to get an accumulation zone before to continue up, that could be an opinion that I consider like hypotesis. If we see that, our best reccomendation it's save your money or gather enough money of your job to buy Bitcoin or any cryptocurrency more cheap and disccount.
But ok, we see in H1 timeframe that Bitcoin it's preparing to down toward the $30,000 USD and I use this timeframe to analyze better what happening on Bitcoin. We see in H4 that it's bearish too.
s3.tradingview.com/snapshots/v/VJ8iMZNk.png
In Daily timeframe it's look bearish panoramic formation, but look, in the RSI and MACD, we see bearsih divergence that I don't see and I note right now that this was a signal of reversal of the trend.
At the moment, I put a sell order limit at $40,500 USD with a SL at $44,000 USD and my target profit will be $30,000 USD
But ok, we see in H1 timeframe that Bitcoin it's preparing to down toward the $30,000 USD and I use this timeframe to analyze better what happening on Bitcoin. We see in H4 that it's bearish too.
s3.tradingview.com/snapshots/v/VJ8iMZNk.png
In Daily timeframe it's look bearish panoramic formation, but look, in the RSI and MACD, we see bearsih divergence that I don't see and I note right now that this was a signal of reversal of the trend.
At the moment, I put a sell order limit at $40,500 USD with a SL at $44,000 USD and my target profit will be $30,000 USD
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