Hello,
BTCUSD has a strong chance of reaching 100k, but it's essential to remain cautious. The 1W Pivot Point has held as support, and a previously strong 1D resistance level has also flipped to support. However, don’t focus too heavily on the 100k mark, as it could lead to missed opportunities for potential profits along the way. Sellers are currently quite active, which calls for caution. At some point, a significant downside move is likely, potentially testing the 1M Pivot Point and possibly even the 1Y Pivot Point in the future.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
BTCUSD has a strong chance of reaching 100k, but it's essential to remain cautious. The 1W Pivot Point has held as support, and a previously strong 1D resistance level has also flipped to support. However, don’t focus too heavily on the 100k mark, as it could lead to missed opportunities for potential profits along the way. Sellers are currently quite active, which calls for caution. At some point, a significant downside move is likely, potentially testing the 1M Pivot Point and possibly even the 1Y Pivot Point in the future.No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.