#BTC Still being a
bastard. The problem that we face is such movements along the descending level do not introduce anything clear to the market. People choose to
buy alts when they
know what the bitcoin price is going to do.
Roughly speaking, if bitcoin is in the
bullish market and for a week it experiences
+1000$ daily growth, people get used to it and but alts. Same thing is with a
-1000$ on bitcoin or with a strong flat within the borders of
±4к. However, right now we have pump — dump — constant rape of the descending level in two days.
In conclusion... I see a descending
lower channel
closing the dump and an opening above the descending level + trading higher than
33k. Seems to be
long,
but that's
not enough. There still is the chance of an approach to
35k for it to be broken through and then it can go
higher.
https://twitter.com/Temple_Crypto/status/1356152979611672578
