Technical analysis by ofg1966 about Symbol BTC on 12/10/2023

ofg1966

Bitcoin had a nice rally. We have experienced a breathless rise since autumn. I think it's slowly time for him to breathe. There may be an increase that will continue for 1-2 more levels. Especially the bottoms may rise faster in this process. But as you know, in any BTC correction, alts commit suicide. It's good to be careful. They are not investment advice, they are the inventions of crazy people.Comment: Again, earlier than expected, perfect prediction. However, this is only part of the correction, we can probably move it 1-2 notches higher. Then the real fix will come. Maybe it is not that harsh, but we can call it a gradual and not very long-lasting bear trap. We can say that we are now in bull season. It seems like the most logical thing to buy spot during declines, but I don't think the current decline is a decline. It is not investment advice.Comment: By 1-2 steps above, I mean above the last hill. I'm totally living in a dream world