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#MarketBottomPrediction#
The crypto market is not like other indices. This is a highly manipulated trading place with high volatility. Investments or trading strategies made here generally contain high volatility. I don't need to tell you all this, you have experienced it all. In financial markets, a product does not constantly fall or rise except for the fraudster. It moves within a certain price range. These are divided into 3 as Accumulation-Manipulation and Distribution. You can see the accumulation of BTC in the 72-50K region, the manipulation it made in the 110K region, the distribution it is making now.
For btc, the underlying chart is of great importance, the market will not relax unless it throws above $ 87,500. As a return, we can make a 2-way bottom by retesting the 78.300 parities that we have tested before, then I expect a rise to 87.500 parities, if I achieve permanence above it, I say that the market is relieved and we will start talking about certain rises. But the first thing to follow is are we going to make a 2 bottom? If this happens, we will observe the operation of the formation.
A lot of pairs want to buy more liquidity by giving reaction spikes, and in this way, the team continues to dump serious goods. The market maker can make a loss or go bankrupt, this includes companies.
Regardless of what a pair is, bearish arcades should not be sought when it is in the bottom or demand zones, it should be looked for bearish when there is a reversal or depreciation at the top. On the bottoms, one should look for a reversal or a bull.
How does a bull happen? Massive liquidity hunt, chaos, loss of confidence, market maker failure, stock market problems, or macro crisis.
How does the bear happen? Great hype, fomo appetite..
When these things happen, you can determine the direction. Buy in fear, sell in ecstasy, in short.
Good luck to everyone.