BTC situation in the coming days
From what I can see on the chart, BTC is still bullish. We shouldn't have expected a parabolic rise without a strong correction. There are quite a few liquidation pools at 56800, which for me will be the low point. If not, then yes, we'll go lower.
The only current problem is general panic, which has a greater impact on the BTC price among the financially uneducated.
Institutions, on the other hand, continue to buy massively and impressively. Major corporations are investing heavily in the big projects of tomorrow in order to penetrate a booming market.
The only question is: who benefits?
Answer: the rich, because they buy what people sell, and sell when everyone else buys. If you're putting money into crypto, it's because you know it's risky, so stop aiming for perfection and learn to invest in solid projects, and don't listen to your favorite youtubers.
From what I can see on the chart, BTC is still bullish. We shouldn't have expected a parabolic rise without a strong correction. There are quite a few liquidation pools at 56800, which for me will be the low point. If not, then yes, we'll go lower.
The only current problem is general panic, which has a greater impact on the BTC price among the financially uneducated.
Institutions, on the other hand, continue to buy massively and impressively. Major corporations are investing heavily in the big projects of tomorrow in order to penetrate a booming market.
The only question is: who benefits?
Answer: the rich, because they buy what people sell, and sell when everyone else buys. If you're putting money into crypto, it's because you know it's risky, so stop aiming for perfection and learn to invest in solid projects, and don't listen to your favorite youtubers.
6 months ago
6 months ago
In response taboshi to her Publication
The problem is that individual investors are more numerous and have more impact than institutional investors.
