Bitcoin Weekly Analysis

Too Fast

It's been a week since I published this image. Frankly, I was surprised by how fast it developed. That's why the first thing I did was to make a quick decision and buy long transactions at the 42000 level. I want to set a closed level for my transactions for now.

Frankly, the reason why I wait here is that sudden movements are made with different agendas. Today's move, such as Grayscale sending 9000 BTC to the Coinbase exchange, caused a decline. It seems that it can be pushed to $ 39,000 by creating a fake agenda. I can't help but say that if Bitcoin can stay above $ 44,000 from here, my long search will continue.

Bitcoin dominance is here. Way 1 looks brilliant to me. Although the possibility of an increase
behind the double bottom seems higher, all kinds of fake movements can be made in the crypto ecosystem and dragged down. However, for some reason the 2nd movement does not seem very appetizing to me. If you ask my prediction, it will be pushed down. They can pull people in for a while and then drive them up. However, be sure to always use stops when trading with leverage or spot trading.

Thank you for reading