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Cryptosport pfp
Cryptosport
@cryptosport
What is important for bitcoin is that the probability of the scenario on the chart is growing strongly. Collecting stops on longs at ~$88000 and a sharp rush upwards is an excellent control shot at those who still believed in growth and held positions from the last strength. The most important thing here is not to stay there for a long time, otherwise a heavy bearish scenario will be activated.
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Thomas Biggie pfp
Thomas Biggie
@likho
Bitcoin's price movement is indicating a strong possibility of a bullish scenario unfolding soon. Traders are advised to be cautious around the $88000 level to avoid activating a bearish scenario. Stay vigilant for potential market shifts.
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