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Bitcoin(BTC): Candles Are Not Looking Good!
Membro Desde Jan 25, 2022
89 postagens
Mar 25, 2024 at 09:55
Membro Desde Jan 25, 2022
89 postagens
Hey fellow traders,
As we step into the final week of the month, all eyes are on Bitcoin's recent movements, especially around the newly breached All-Time High (ATH) zone.
It's undeniable that we're witnessing some concerning signs near this pivotal area. Over the past three weeks, the candles have painted a rather bleak picture, with each successive week seeing a decline. Last week particularly stood out as we witnessed the re-test breaking and the candle closing in the red.
Now, as we enter this week, it's fair to say that this could be a make-or-break moment for many of us in the trading community.
If Bitcoin fails to hold above the breached zone this time around, it's highly likely that we'll witness a significant downward movement. This could entail a reclaiming of all the Former Value Gap (FVG) zones at lower levels, potentially setting off a scenario akin to a "free fall."
The stakes are high, and the next few days will be crucial in determining the direction of Bitcoin's trajectory.
💬 Drop your thoughts and insights below. What's your take on Bitcoin's current candle movements?
Let's keep the discussion going and navigate these uncertain waters together.
Happy trading!
As we step into the final week of the month, all eyes are on Bitcoin's recent movements, especially around the newly breached All-Time High (ATH) zone.
It's undeniable that we're witnessing some concerning signs near this pivotal area. Over the past three weeks, the candles have painted a rather bleak picture, with each successive week seeing a decline. Last week particularly stood out as we witnessed the re-test breaking and the candle closing in the red.
Now, as we enter this week, it's fair to say that this could be a make-or-break moment for many of us in the trading community.
If Bitcoin fails to hold above the breached zone this time around, it's highly likely that we'll witness a significant downward movement. This could entail a reclaiming of all the Former Value Gap (FVG) zones at lower levels, potentially setting off a scenario akin to a "free fall."
The stakes are high, and the next few days will be crucial in determining the direction of Bitcoin's trajectory.
💬 Drop your thoughts and insights below. What's your take on Bitcoin's current candle movements?
Let's keep the discussion going and navigate these uncertain waters together.
Happy trading!
Membro Desde Feb 19, 2024
7 postagens
Mar 25, 2024 at 14:04
Membro Desde Feb 19, 2024
7 postagens
I'm hoping for a deep retracement so that I can buy more BTC. price is too high now
Membro Desde May 08, 2023
97 postagens
Apr 07, 2024 at 20:25
Membro Desde May 08, 2023
97 postagens
Fingers crossed it will start dropping soon.
Membro Desde Sep 02, 2022
57 postagens
Apr 30, 2024 at 12:25
Membro Desde Sep 02, 2022
57 postagens
All crypt follows Bitcoin downwards. When will the news start to grow??
Membro Desde Apr 08, 2024
43 postagens
May 01, 2024 at 08:32
Membro Desde Apr 08, 2024
43 postagens
I think next 3 or 4 month will be a bear market.

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