- Some Traders are still waiting for lower prices. - But to go lower BTC must first go higher. - TheKing is in transition phase : " Bearish to Bullish ".
- Some retracements have to happen on the way up. - Some Fuds have to happen on the way up to create those retracements. - Today CPI results could impact a bit the trend ( Stocks + Cryptos ).
- Notice on the Graph MA50/MA20 (4D) will cross up soon - Those MAs will create some new support zones.
- This Graph is just based on comparison between 2018-2020 // 2020-2022 and an eventual " Story Repeat ". - Covid19 Black Swan included.
- Just follow the Circles and keep it simple.
Happy Tr4Ding !
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Older Anti-Fud Analysis :
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- Again yesterday we had a fast short squeeze.
- like i said when i posted this analysis, the time now is to turn slowly bullish. - Fuds are starting to be useless at this point.
-- Avoid to Short with leverages if u don't want to be out of your depth. -- Just buy retracements is a safer play for now.
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