This is What BTC Will do! — Clickbait 🤣🤣

Gridbot Guru
Coinmonks
2 min readDec 10, 2022

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As we all have been sitting here, watching charts and wondering what the heck will happen. Will we go up, or will we go down? To be honest, only time will tell. I can sit here and tell you IT WILL DO THIS… or IT WILL DO THAT, but truth be told, we have to wait. However, my stance is to give people some ideas to ponder and think about before making trades.

If you look below at my picture, and this is my IDEA only and not advice on what to do with your money, DYOR, but you can see on the daily chart we have an area around 17,2 that is acting like an area of Resistance. We also have an area around 16,8 that is looking like an area acting like support.

Thoughts: Eventually, one of those areas will break and we will have a run one way or another, again, only time will tell. My gut feeling is there has not been any huge news to say that we will or SHOULD be turning around to a bull market. So I believe we will still be headed down.

Ideas: You can do two big things here. The first thing is if you have an opportunity to short the market at this point, you could try shorting it down to the 16,8 area. You could also wait for the 16,8 area and then see what it does at that point.

Again, this is all ideas, not Financial Advice and as always you should do your own research.

Happy Trading and Stay Green!

GBG

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Gridbot Guru
Coinmonks

I am just a normal person who has a high interest in Cryptocurrency. I teach in the day, and trade at night. Check YT for Gridbot Guru for educational videos!