Quick BTC August 23 Technical Analysis - Hold Everytime

Also Read : Can Ripple XRP Make You A Millionaire? - Realistically Every Time Just Hold

Hello, Yeah, I'm far from bullish guys like really, really far from bullish, but we've got to keep in mind that tomorrow's pro shares etf could be approved or denied by the sec if it's approved, expect this place is just skyrocket. If it's denied, it's going to be bad guys. It's expect the price to go down. So yesterday was an artificial pump according to lots of new sources where they think I'm, the price was artificially pumped up because our role basically during the, uh, the shutdown maintenance of a bitmax right? Coincidence. We'll see. So I think a lot of bigger investors right now are just waiting on the sidelines for a more credible a pump. This is not a real rally guys. Not only that, this is clearly clearly one, two, three going upwards.

Right? And I was mentioning that we have to retrace to a very bullish level of like, I don't know, around $6,600 and if we got to the 6,400 rangers, our bullishness completely off the table, right? One could argue at a lower timeframe, right? That this is one, two, three, sorry, one, two, three, four and five, but not. This is supposed to be one, two, three, four, and five. So this actually mixed subway blood right here. Okay. This makes some waves. One right there. That's two, right? This is basically three and I was expecting a forest somewhere, right as expecting a four and then go up. But now that we've actually retraced directly into this territory, we're completely back to where we were guys completely back to where we were. So how can we assume any type of bullishness whatsoever? This is going to be. I'm like, look at this.

Look at this. Massively engulfing bullish or bearish candle guys. Okay. It completely engulfed in a bearish engulfing candle is what the next candle is. This exactly right. This right here, the body just completely took it over and that is never a good sign whatsoever, but we had that kind of rally followed by a lung, Rick, and then a body that also rejects like think about this guys. We went up one day, $500 and we went back the next day, 500 as well. So hang tight guys. It's going to be a crazy ride today and tomorrow and we're going to wait till the ETF approves or denies.

All in all, what do you consider this? Just offer your perspectives and considerations in the remark area beneath.

Upvote And Follow For More Details >>> @Nayabali