ðĨ Bitcoin: All Signs Pointing To Deep Correction
Over the last few weeks I've been repeating the same message over and over: the ETF launch is NOT a moment to buy and will most likely lead to a short-term correction. The ETF, combined with long-term resistances & bearish divergence made it a statistically bad time to buy.
After a ~16% correction from the top, we're now trading around the 41k area. In my view, we're soon going to test the real support of the 4 month bull-trend: the 40k support.
The battle will be fierce, but I expect the bears to pull through. 40k will be lost and a bigger correction is due.
My target for the next couple of weeks is the bottom yellow support of the channel.
After a ~16% correction from the top, we're now trading around the 41k area. In my view, we're soon going to test the real support of the 4 month bull-trend: the 40k support.
The battle will be fierce, but I expect the bears to pull through. 40k will be lost and a bigger correction is due.
My target for the next couple of weeks is the bottom yellow support of the channel.
ðŊOfficial Channel: t.me/FieryTradingChannel
ðTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
â Monster Signals: t.me/monster_cryptosignals
ðĨPremium Signals: www.fierytrading.com
ðTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
â Monster Signals: t.me/monster_cryptosignals
ðĨPremium Signals: www.fierytrading.com
āđāļāđāļāļĩāļĒāļāļĩāđāđāļāļĩāđāļĒāļ§āļāđāļāļ
