Post
Topic
Board Speculation
Re: Bullish News!!!
by
sana54210
on 09/08/2021, 18:58:03 UTC
The market needs to be monitored to know the exact news of the market after not getting stuck in insanity with the use of additional FOMO the price is holding down due to which it is selling will have to wait until the right news bitcoin stays stable above, it may try a reverse break. The first resistance channel is near the trend line.
You can monitor the market as much as you want but there comes a time when bitcoin does something that nobody is ready yet, for example when the price went under 30k and reached to 28k levels, nobody even assumed going back over 35k level, looking at what it is doing right now, we are over 45k and increasing every day.

That should be a proof enough and very recent as well, we can talk about similar stuff in the past because it happened a million times but this is basically what happened in July and august alone, price drops to a level where everyone imagines it would drop like crazy, but then the price increases to a level nobody even imagined, reverse of that could have happened as well. All of this means that no matter how closely you look at the crypto prices, it will always mean that you will be shocked by what the market does afterwards.