I am not Fearing of BTC Price Dropping

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BTC price drops 20% from ATH level. Today this dropping is a little deeper. People were looking at the Bitcoin chart with fearful eyes... I was not fearing of BTC Price dropping...

There are lots of reason to be calm.

Here is DXY chart.

We need to look at the direction of the Dollar for Bitcoin, whenever the RSI stays above 70, $DXY has given a series correction, we can expect DXY, which is at 96, to retreat to 94, maybe it will cause an ATH run. In 2022, we can say "cash is the king" with an index that will exceed 100...

FEaJnB4WQAMyUcy.jpeg

So, today may be the last day of DXY pump. I am waiting for correction on tomorrow or a few days later...

This correction of DXY may cause to BTC pump to ATH... We may go to Triple Peak...
I shared a post about Triple Peak May be Great Resistance for BTC

We may see bull run to triple peak...

Here is weekly chart of BTC. Weekly RSI is on support line. If BTC price is supported from this level, bullish trend may continue long time and we may follow great support line until end of season...

MACD indicator is also on setup.

Ekran Resmi 20211119 00.46.50.png

We still have a long way to go.

We will see..

Posted Using LeoFinance Beta



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3 comments
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Bang, I did it again... I just rehived your post!
Week 80 of my contest just started...you can now check the winners of the previous week!
!BEER
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i like when it drops... so i can buy more
lol

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