I think bitcoin should reach the $ 150,000 range
And after that, suffer for a while and the deep correction of the market starts in the range of $ 60,000
Of course, this is not my opinion and offer to buy and sell
Candles. Market volume. Divergence. Weakness of the process. Funding rate increase. And.....
Only very strong fundamental news can prevent market reform
Most of us are not market whales, but we can try not to be market sheep among the market cows and bears.
From the $ 51,000 resistance in the 618 Fibonacci range
Decrease in trading volume
Decreased candle power at weekly timeframes
Increasing bitcoin input to exchanges due to data within the network
Finding rate increase
Reaching the limit of market fear and greed to 79
All and all signs of market collapse
and over
I personally believe that Bitcoin can cross the $ 50,000 mark
But in the most pessimistic way possible, bears can destroy bitcoins
Similar to what happened in the previous Bitcoin ascent to $ 60,000
Bitcoin on its way to $ 100,000 must cross its most important resistance range of $ 50,000
According to Siosud 1 and 10 bitcoin holders
As well as the departure of those who have bought in the $ 50,000 range over the past few months
We can see a heavy drop to $ 38,000 or $ 42,000
Of course, we should mention the index of fear and greed, which can reach 90 in that...
Given the lack of market decline at the price of 46,000 and the existence of a strong resistance of 5,000 and the reaction to the channel, the most probable reaction of the market can be as follows:
Of course, it also depends on the news and fundamental analysis and market reaction to the news
