the problem with this kind of analysis is that technical analysis is completely worthless for bitcoin and right now the market is under manipulation which means everything you know and analyze becomes even more worthless!
in other words you can't predict what can happen by looking at lower highs, and higher lows and stuff like that. as for supports, i don't think we have any meaningful level anymore. anything can be broken and it can mean nothing.
and i think we will see this unpredictable market for at least another 3 months.
I dont Think so.
A good Technical Analysis will show you what side the market is been manipulated, and you wil follow the manipulation.
By my experience This market appears to be Much less manipulated than any other market, the imediate trend is quite predictable. I may say its easier to trade.
Until your all expected targets are getting achieved you will feels like this only, but when the market goes opposite of your trades you will feel terrible. This is the rule of trading. So i think the market will give movement after 2 or 3 days as right now it will be confusing the traders to move which side and then it will start moving. And if my view is not wrong first it will show $4300 level and then immediately it will go down and test $3600 level.
so we will fall to 3k? if it is unrealistic hmmm
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