The BTC in Dead Fall : Get Ready for the PUMP

7月25日

If you have read my previous chart idea, I am sure you were ready for this.

Now, there is nothing to see in the hourly chart, we have to move towards the daily chart.

Here you can see we have touched the Major Support Zone, this is a very crucial barrier for BTC. All the MAs are sitting below it one by one.
MACD shows the decrease in bull power.
Under this support zone we have a fib level at $63,200.
The biggest and most powerful MA, 200is sitting at $60,000.

Most of the traders don't want to go there, because if that happens, it will be very difficult to come back as we were at $55,000 only a few days ago. Going back to these zones will break market confidence and it will take at least a month or minimum 15 days to recover this shock.

I have another theory that I am not allowed to share here.

What to do now?
Accumulate btc if you can. Do not take futures trade as the market would be very unstable. Watch out for btc conference and the price will shoot around the conference, and especially when Trump reaches there, when he talks about bitcoin, when he talks to crypto pro big names - Expect multiple shoots tomorrow.