I would like to share my view & my opinion on the TOTAL/USD Because after extended beaarish divergence smashed the markets what was very healthy for further very likely continuation of bull trend (huge volume and other factors) we found some very nice support in 30K and jumped fast back to 40K range. Microstrategy buying hundreds of bitcoins and other whales and institutions buying big sub 50K as much as they can either as long as newcomers will over react on fud such as "chinaBANbitcoin" elons statements etc which works just as fundamental catalys for technicaly expected drop.
Now after 50-60% corrections on many crypto assets. We are set to make a new high and reach 3 Trillion MC within next 2 months in my opinion. Hold your suits on, this will be wild
Shorts are still low. Huge trap happend
Cheers
ChaChain ------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.