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Bitcoin Analysis today – BTC Market Analysis Report Today : 18/August/2023
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Bitcoin Analysis today – BTC Market Analysis Report Today : 18/August/2023
Bitcoin continues to pour, the final shake-up has begun! The main cryptocurrency flew away for a correction, which I have been waiting for probably the last two months, although I expected it closer to the end of the month, and not so soon, but we rebuilt in time and continued to take the advantages of transactions. Let’s briefly explain what is where, why and how to react to this fall. To begin with, this is the final shake-up before the start of the bullish cycle, just keep it in mind. We work strictly from the levels, there is still an impulse to decline, the nearest payback zone is $ 27,750, it can be shorted to it. Again, it is important to understand that the BTC correction was not fixed with a weekly candle, which means that there is still a chance for a payback to $ 29k, albeit small. In the private channel, we took shorts on many altos and bitcoin and everyone was in the course of this decline. I will express my opinion based only from a technical point of view. I expect the alt spill to be even lower by the end of the week and before the weekly candle closes, it will be clear how the market will behave by the end of the month, I will immediately share all the information with you. I will not get tired of repeating, the main thing to remember is that you must adapt to any market situation and continue to work without emotions. For my part, I share all insider information, deals and trading ideas with you as quickly as possible, I hope everyone has time to come in and take profit
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