BTC / USD
Bitcoin markets went down on Friday again at the weekend, with $ 4200 tapping. The market has a psychological support of $ 4 million and perhaps a great deal of structural support, so I would not be surprised to see it bounce back from now on. However, in general, I believe that challenges are still required to be sold and it is difficult to imagine a scenario that is essential to keep buying. To be honest, there is nothing to help this market.
If we break below $ 4000 level, it will open up to $ 3,500 and $ 3,000. There will not be a 50-day daytime EMA closure until I start buying this market. This point would be almost 50%. In other words, I think the bubbles continue to deflate and they will go down much further.
Now I see Bitcoin is the biggest problem that nobody uses. In other words, there is no demand, and people think that something that seems to be a bit of a conspiracy to reduce the value is something alarming and that all "whales" have the opportunity to buy interventions and cheap ones. That's why people who moved around 20,000 dollars in the market suggest it would be more serious than other traders. Everything you need is to look at the graph and realize how intelligent it would be to move between 20,000 and 4,000.
I recently read some articles, even though the market was side-by-side, Bitcoin was just used as a payment method. I think the myth is broken, because it will never be a financial transaction. The sale of all the assemblies is still to go, as I can see at least.