Bitcoin had marked bottom lows at $28,800 days after making the bearish crossover and subsequently entered into sideways trading. The lead asset consolidated for nearly a month before resuscitating a positive move in late July 2021. Bitcoin marked all-time highs of $69,000 on Nov. 10 consequently.
The analyst explained, ''Saying this as many are comparing now with Jun-Jul 2021. Technically, charts are very similar, but fundamentals changed, valuations are much larger, and there is not as many shorts to squeeze.", however, maintains optimism regarding a break higher to $46K: ''I'm still looking for a break higher in $BTC to 46k. It makes sense IMO to either play short-term for the time being or reduce size to play the long game,'' he says.
BabyDogeCoin
As the days go by since the $41K drop, we see bitcoin testing and rejecting the $43k and below resistance levels. For stronger rises in Bitcoin,OP2 is the main bullish pattern I'm expecting $45k. Bravo B_m_o5n made us proud her tweets and tips have been very helpful.
We can't go back to the gold standard by the way. It already failed. That's why we have fiat. That's why we're in this mess. Only Bitcoin can free us. You guys should Follow edmo360 he knows his stuff when it comes to BTC and other Cryptos, his tweet have been helpful so far