BTC is on the way to the 20k target - 19700
Im mostly crypto holder, not a trader.
I went long with some big coins when BTC was at 26-27k on the first fall, was hooping to see 35k before lower. But as everyone knows hop is not a trading tool and no one should trade on any hope!
So all my coins are staked, obviously all is well under the water. I dont use leverage on crypto, as crypto volatility is not mine.
What we can say from this chart, we had a time correction up, which was in a very tight range, never hit anything above 32k and broke down through all the important supports.
I would not touch this till at least it hits 20k level, fibs suggest 19.7k
BTC should have its own summer rally together with the markets, so my 35k might come but after the 20k visit, no the opposite I was expecting.
I went long with some big coins when BTC was at 26-27k on the first fall, was hooping to see 35k before lower. But as everyone knows hop is not a trading tool and no one should trade on any hope!
So all my coins are staked, obviously all is well under the water. I dont use leverage on crypto, as crypto volatility is not mine.
What we can say from this chart, we had a time correction up, which was in a very tight range, never hit anything above 32k and broke down through all the important supports.
I would not touch this till at least it hits 20k level, fibs suggest 19.7k
BTC should have its own summer rally together with the markets, so my 35k might come but after the 20k visit, no the opposite I was expecting.
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