As I predicted on 5/21/2021, BTC/USD at around $17,000-18,000 as well as the other cryptocurrencies are finding the resistance at the price level. For the crypt currencies, whatever the price getting quoted on 6/18/2022 is more likely to become the bottom for the next correction.
Many people are afraid of the crypt market right now, however, that's when and where a big profitable opportunity lies. BTC/USD just hit the $17,000-$18,000 resistance level, which makes me think that we are going to have a quick, fast, and the most profitable phase of a correction for big bucks. The correction for a bear is BUY. It is going to make people think that BTC is getting its value back to where it was but that would be a wrong assumption because we are in the BEAR trend. It will make a fast correction and then it will start gradually dropping the price again after it hits the top of the correction.
My prediction is to have a nice correction until $35,000. if you bought it at $17,700 like I did, you would be making an almost 100% return. I would be satisfied if the price goes up to $30,000. For risk management, just in case, keeping a stop loss at 17,700 will provide you the protection of no loss.
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