Post
Topic
Board Trading Discussion
Re: Bitcoin Analyses
by
Hamza2424
on 08/12/2023, 15:43:31 UTC
The bitcoin is in a rally this week as it surpassed the 40k$ mark. But its safe to stay calm and analyse the market well rather that being fomo and taking risky and stupid decitions. There is a resistance at 41k$ - 42k$ mark. There can also be a correction again and also there is a CME gap at 40k$ mark. So keep an eye on those key levels and points. Manage your risks and money always.

Hehe, the Analysis seems like already expired, also this topic doesn't belong to this section. The current market is trading above 44k and seems like there's no strong resistance level except the 48k range. I'm strongly hopeful to see the market ending above 50k by the end of the year.

Hehe, I made a prediction many times in early 2023 that the yearly ending would be above 44k seems like I was right, hehe I know, anyone would have predicted it hehe but still I'm happy that my prediction on a long time frame was right. TBH now I think it better to not fall in fomo in a short time frame i was expecting a correction and the market also covered a small correction already.