Review of BTC - 4H It went down to $62,400, but immediately there was a buyback by the limit market makers. Now, it is important to go and fix above $67,000 and gain a foothold there. In this case, we will wait for the re-test of the maximum $73900.
If the market starts to bleed 🩸 again, we may see a retest of $59,000-61,000 level.
I don’t expect it to be lower because the trend hasn’t changed so far, but there is no guarantee - it might show us the next red wave by Thursday evening. We have to be extremely careful and follow recommendations and risk management.
For now, I am monitoring the market and do not plan to make hasty decisions on opening positions until I see a picture that is a little more clear to me.
On the Bitcoin chart we see a fairly significant spill, but despite this, I am building long expectations for the market.
I would like to see the formation of a sideways movement, which in the future will be the cause of the next pump.
We might see more “RED NEEDLES” next week. Please don’t rush and avoid impulsive action.
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