if BTC price maintains this level (i.e. 46-50 K), the altcoin market will be perfect. but only professionals are allowed to trade in short term in such an area. note that in previous ideas, we always emphasized that there's no resistance between 42-45 K. also our previous ideas in every step came true and now BTC is in an area that makes everything a bit more complicated for the first time.
First possible scenario is that BTC wants to hold a ceiling on this area, with no more sharp movements (up or down). taking time to get momentum and determine direction.
the second scenario is the less probable one and that's having a sharp downfall below 40K. wait for our next TA.
important: BTC in the area only for professionals, beginners should free a portion of their assets.
Don't forget to comment
First possible scenario is that BTC wants to hold a ceiling on this area, with no more sharp movements (up or down). taking time to get momentum and determine direction.
the second scenario is the less probable one and that's having a sharp downfall below 40K. wait for our next TA.
important: BTC in the area only for professionals, beginners should free a portion of their assets.
Don't forget to comment
