What make btc not go to 44k?
Hey folks! did you have a nice day at btc, yeah i hope you enjoy it..lol..a few days ago btc has bared its fangs to go to 44k but now btc is down to 35k. And yeah I also said in my previous post that btc will go to 44k in this post Bitcoin wants to move his ass to 44k.
So what makes btc not go to 44k? If my experience in supply and demand makes the price not go to 44k because of "Fakeout". You can see the small green zone on my chart has been broken, usually if the green zone is broken then the price will go to the 44k zone.
And yeah I also call this quasimodo where the zone has been broken but the price reverses direction. So the quasimodo is that if later btc drops to the 27k zone I will buy btc at 27k, so my target is to take profit at 44k. Since all the small zones above it have been destroyed before, so there will be nothing else to prevent the price going to 44k. ☕
When the price is in the 27k zone will I buy btc directly? nah! no, I will look for price reversal pattern, examples such as head and shoulder patterns, or last break high as I said in this post. And you still have to care about the trading system and money management.
The current crises hitting Bitcoin as limit the crypto token not go reach 44k for now,with China and Iran opting against mining respectively,it will be hard to go up for now
Fantastic analysis. If the current crises hiting bitcoin cannbe eliminated i believe the price will go hope to be $44k
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