BTC to $77,563
Updated
This weekend, I'm sharing my BTC outlook on TradingView. The thesis: retail FOMO is still strong, with traders buying near the top ahead of a likely correction to the 70K-74K range. Following Trump's recent election victory, BTC is seeing a bullish surge as traders anticipate economic promises he made during his campaign. However, while optimism is high, any fundamental policy changes will take time to materialize, and the initial market reaction is likely more sentiment-driven than sustainable.
I project that BTC will reach the 77K level, creating a new high while preserving bearish divergence—a crucial point to watch. I’m trading on the one-hour chart, where the current pattern appears primed to repeat until proven otherwise. My stop loss is set below the green support line at $76,218 in case momentum shifts.
As this is my first TradingView post, I hope my insights resonate with you. Wishing you success this weekend as the U.S. market buys into the bullish trend. Good luck, and I hope you find my perspective useful.
I project that BTC will reach the 77K level, creating a new high while preserving bearish divergence—a crucial point to watch. I’m trading on the one-hour chart, where the current pattern appears primed to repeat until proven otherwise. My stop loss is set below the green support line at $76,218 in case momentum shifts.
As this is my first TradingView post, I hope my insights resonate with you. Wishing you success this weekend as the U.S. market buys into the bullish trend. Good luck, and I hope you find my perspective useful.
Trade active
With BTC touching 77K, attention has shifted to Cardano, where FOMO seems to be reaching a peak. This could mark a local top for ADA over the next 24 hours as retail excitement surges. Anticipating some resistance and potential pullbacks soon, as the market may need a breather. Good luck!
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