What type of #Bitcoin market are we in?steemCreated with Sketch.

in hive-183397 •  last year  (edited)

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Answer:- 👇🏻


Last couple of months, we saw the bitcoin market move between 29K to 31K. This is the price range. Bitcoin couldn't; break this range, even BTC tried so much hard. But it failed again & again. BTC couldn't break upper support & couldn't break the lower support zone.

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Basically, we are familiar with two types of markets. One is called Bull & another one is Bear. But when the crypto market behaves like this, it is called Kangaroo. Kangaroo moves behave like Up & Down. Again Down & Up.

So, now we can say that we are in the Kangaroo market. We have to wait for the market to go up. There is a huge chance for the market. I think 70% chance for upper case & 30% chance for the down case.

Published On:- 27 July, 2023



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Kangaroo #bitcoin market? 😄😄, Haven't heard of that before but now I have learnt it