Bitcoin
Short

BTC: NEED A PULLBACK TO CONTINUE THE TREND

Updated
Hello Traders,

📈 On weekly chart, you can see that BTC has demonstrated a strong uptrend, price above on 3 EMA

However, after ETF approval, a rejection at the 48,000 - 50,000 resistance range, BTC need to a pullback to able to continue the trend.

🎯In my trading opinion:
BTC will be down to price zone : 32-35K. When price will touch EMA50 on weekly chart and after that, have a good reversal here to uptrend.

📚 Remember that:
Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!
Comment
Hello Trader,

📉 update bitcoin chart 01/24 : a good moving
It moved 1/2 road of my plan
Keep it and move stoploss into entry
snapshot

🔻 Goodluck !
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