BTC ANALYSIS
hello traders
Let's analyze Bitcoin and see when the next bullish season starts
First, an introduction on which I will base my analysis and forecasting
Money markets are an endless auction. Price is the marketer, time is the regulator, and liquidity is the fuel that drives price up or down.
Let's apply this to Bitcoin
Second, the value area, which is the area with the most deals
Notice the price movement in this zone, the more the price goes up above the zone, it goes down and back to it, and the more it goes down below it, it goes up and back inside the zone.
After that there was a strong movement and the price rose a lot and in record time. As we mentioned that the price is the marketer and the time is the regulator, the rise of Bitcoin in such proportions and in a short period of time is contrary to the nature of the money markets, the price has become unacceptable and exaggerated, and this happened quickly and suddenly, here there is an imbalance between supply and demand
In this case, if it is a fake move, the price will return to the value area very quickly
And if you are the value of the currency, it will rise, there is a regulation process, which is the price return to the value area gradually, and the rise begins again, and I think this applies to Bitcoin
But why does the price have to go back to the value area before rising again?
Because as we mentioned that liquidity is the fuel that moves the price and that the top area has the largest amount of trades, and it is the only area that has enough liquidity to support the price to rise strongly again.
Let's analyze Bitcoin and see when the next bullish season starts
First, an introduction on which I will base my analysis and forecasting
Money markets are an endless auction. Price is the marketer, time is the regulator, and liquidity is the fuel that drives price up or down.
Let's apply this to Bitcoin
Second, the value area, which is the area with the most deals
Notice the price movement in this zone, the more the price goes up above the zone, it goes down and back to it, and the more it goes down below it, it goes up and back inside the zone.
After that there was a strong movement and the price rose a lot and in record time. As we mentioned that the price is the marketer and the time is the regulator, the rise of Bitcoin in such proportions and in a short period of time is contrary to the nature of the money markets, the price has become unacceptable and exaggerated, and this happened quickly and suddenly, here there is an imbalance between supply and demand
In this case, if it is a fake move, the price will return to the value area very quickly
And if you are the value of the currency, it will rise, there is a regulation process, which is the price return to the value area gradually, and the rise begins again, and I think this applies to Bitcoin
But why does the price have to go back to the value area before rising again?
Because as we mentioned that liquidity is the fuel that moves the price and that the top area has the largest amount of trades, and it is the only area that has enough liquidity to support the price to rise strongly again.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.