Long

BTC/USDT IS THIS FINALLY THE BOTTOM FOR BTC TO 65K

Updated

BTC has seen last times a breakdown trend.
There is good chance that this can be the bottom of the next 65K

The bottom expecting depends on data and TA.
When BTC can confirm the time frame good chance we will see a stable volume followed by an increased volume back up 60K.

Huge hedge funds did today add the dip buying including from Japan 400m+ BTC.
This can have an effect on BTC as dip buying.

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A good process of BTC since the bottom box
This can be the way to 65K

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BTC on the way to open space target 65K

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TA and data study shows BTC is in uptrend at this moment

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zoom: BTC HOLDING LEVELS

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We find that there is no good reason to sell BTC when it holds this box

( not trading advice, just a view)

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BTC TARGET PLAN ON WAY 60K+

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we expect a return trend of BTC since some confirmation, which could enter new bullmarket up 65K as end target of this update.

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BTC Target the endpoint 57346

WE expect a break to up 59K soon

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BTC low time frame will make it not easy for the trend.
We expect when the volume start BTC could target with break first target 58649

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Targets BTC low time frame
1. 58649
2. 59226
3. 59803
4. 60234
5. 60625

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The first target complete
1. 58649

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The next expecting target is $59226

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Target 2 complete $59226

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The next expected target is $59803

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It would be good if BTC could stay some time stable at the 59K zone to confirm the previous increase to be able to enter further to 59803

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60K is a key level which can make BTC having a boost trend

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this 59K increase did happen unexpectedly also for most whales since there are high positions short that got out.

We know the working way of some whales/hedge funds that try to bring the price back to x level before increasing the trend. this makes most of the time only the interest that they can buy cheaper. BTC at this moment is still positive and our target stays for the next 24H for 59803 and up.

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WE expect that 53552 as the update shows, is the BTC bottom and that we are going to see soon a building volume to 65K

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What happens at this moment in BTC's low time frame is injection volume, which means trying to get the price down by injection trend. we expect a high possibility of a candle break

The injection volume is the manipulation volume most of the time.
There is big difference between real breakdown trend and injection volume

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BTC is still positive and can return asp 59K zone again.
The injection volume is not the real volume for breakdown btc.

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Confirmation uptrend starts from 60k+

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BTC is not far from a huge return.

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BTC entering the 60K zone

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BTC is still in the processing of the new volume now.
53K becomes the bottom
as the updated chart shows until now.

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BTC target the important 61K

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BTC Target over 62K in a positive trend.

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BTC enters the 63K target

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Since our study from the last bottom on way to 65K

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From the bottom BTC did run to around 65K with the small correction we see now BTC is still positive.

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57K is the activation trend.
BTC should hold the 62K for a healthy trend. if the trends gets confirmed we could see soon 67-68K

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for new updates check this link:

BTC/USDT IS BITCOIN READY FOR A NEW HIGH TO 68K

Trade closed: target reached

SatochiTrader

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