BITCOIN GOING 36K!
There are a lot of rumors that bull season in cryptos started. But when we look at global macroeconomics and make a comprehensive fundamental analysis we see that we have time for the bull season. This time we have to check big companies for a new bull season. Just whales and big investors cant make this happen.
Assuming that we are still in a bear market here is my analysis of Bitcoin on the chart.
I believe that Bitcoin will go higher to 36k levels to make believe little investors it is a bull season. After that when there are enough long positions they will make it go down to liquidate everyone.
To sum up, I still believe that we are in a bull season so Bitcoin can test at least the 15-16K levels again.
Assuming that we are still in a bear market here is my analysis of Bitcoin on the chart.
I believe that Bitcoin will go higher to 36k levels to make believe little investors it is a bull season. After that when there are enough long positions they will make it go down to liquidate everyone.
To sum up, I still believe that we are in a bull season so Bitcoin can test at least the 15-16K levels again.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.