I think its good time for little xorrection for Bitcoin. 3 times we didn’t past 56500, now we passed it but no reasons to go further. I think this is good place to short iat least till 56,000.
We deviated slightly from the scenario, but nevertheless, the scenario remains valid. The road down and until we renew the minimum the road up is closed. But this is a bad time to open new short positions. Wait for a rising candle, after which you can open a short position.
Just another good time to sell
BTCUSDT. Bitcoin is characterized by protracted falls and protracted growth. If a wave of growth or decline begins, then it will surely pass the psychological level, in this case it is 40.000. And buyers are ready to buy from 35,000 levels. If there were no fundamental obstacles to growth (news from China), we would continue to grow. But since we have already started a wave of decline, it cannot end at this level, the fall will continue. When the price moves down or up, it does not go there with candles of the same color, you always see corrections, on which you need to buy or sell. I am not a supporter of buying on the highest candle and not a supporter of selling at the lowest. therefore, I wrote at the time of an upward correction that this is a good opportunity to open a short position. It is not the whales who make a correction, but simply a break in sales, and it will not gain a large number of buyers until it touches its “bottom” or a favorable news background. In short, the decline has begun, wait for an upward rebound and sell at the top.
BTC going to touch $40000, it just can’t go up until it touch it)
I think Bitcoin has good chances to get 46000$ in 20 hours.