📈 Crypto is swinging once, crypto is swinging twice..
As you've long known from me - there's no growth without falls, and no falls without growth. Let's see what happened today
Yesterday I just wrote that Bitcoin had been rising for 5 days in a row, but today they decided to shed some excess weight. As a result, there was a 3.2% correction downwards in just a few hours. However, they recovered just as quickly with a 3% rise upwards))
These swings over 24 hours wiped out $450 million of traders' funds.
We still haven't touched the monthly imbalance at 95-96k, so growth is still quite possible.
I drew on the chart what I see happening soon:
🔘It would still correct to 90k+ for BTC
🔘Then take off 95-96k
🔘Then go down, taking off liquidity at 72-74k downwards
🚀And then grow back to 107k+
Let's see how my thoughts work out (or not) in the end ✍️
I don't hold any positions in BTC right now. Just 2 shorts are hanging around. I'll share the results later.
