We want to believe that a “Double Bottom” or “Adam and Eve” pattern is forming on the Bitcoin chart
By the way, the XRP cryptocurrency clearly demonstrated how this pattern works:
Yes, the price of Bitcoin is at a conditional bottom right now and I want to believe that October will be a month of growth.
The intermediate goal of working out the “Double Bottom” pattern is $29,000
The global goal of growth within the framework of working out this pattern is $34000-36000
Below $18,000 is emptiness, there is no Liquidity, and accordingly, a drop to at least $12,000. The most alarming thing is not the possibility of a fall in the crypto market itself, but the fact that very, very many small and medium-sized participants in the crypto market are waiting for a drop to $12 thousand, and not for growth.
But the reality is that a minority earns money in the market.
Well, time will tell everyone…, we realized our thoughts on the market by trading with compliance with risk management under the following conditions: