Mar. 7 at 2:59 AM
$CRCL
Heading back to
$80’s until next month.
Hard rejection at downtrend breakout.
With current overbought situation,
$BTC.X is likely dumping this month to retest 60K, and Circle will likely follow through.
For
$CRCL :
- Prev. Support at 80s
- Fib retracement 0.168 at 80s
- Uptrend channel support also at 80s
This is going to get drawdown for a few month, and after erasing all the leveraged retail peasant bulls’ all-in bettings like
$CRCG $CCUP $CRCA ,
This will head back up like nothing ever happened.
Market never gives all retail peasants the perfect EZ leveraged money. When it looks ObVioUs, retail peasants buy full long on leverages, call options, and the market will fuck your money from there.