Bitcoin: Supported By News In The Short-Term
News:
Senator Lummis commentes: Bill to buy $1M bitcoin hits Senate floor next week
"President Trump supports the bill".
The Senate will shift focus to creating a Strategic Bitcoin Reserve after the stablecoin vote
Technical Analysis:
BTC is in a strong bullish trend and also above a very strong structure zone located between 107K and 108.5K
The chances are that the news and the current price zone could push BTC up again in the short term to complete a larger pattern which may expand more.
I am looking only for a short-term movement with targets 110345 and 111300
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
News:
Senator Lummis commentes: Bill to buy $1M bitcoin hits Senate floor next week
"President Trump supports the bill".
The Senate will shift focus to creating a Strategic Bitcoin Reserve after the stablecoin vote
Technical Analysis:
BTC is in a strong bullish trend and also above a very strong structure zone located between 107K and 108.5K
The chances are that the news and the current price zone could push BTC up again in the short term to complete a larger pattern which may expand more.
I am looking only for a short-term movement with targets 110345 and 111300
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Note
📣Bitcoin Price Outlook
From the news related to Trump all the markets where impacted and many charts transformed their shape.
Also BTC transformed into something different. BTC felt to 106.700 and found a very strong zone support zone. As we can see it was tested several times lately and the price also confirmed another bullish pattern.
If the US market doesn't react in a strange during the opening of the US Market then we should see BTC rising as it is showing.
Who is in this trade from the old analysis and doesn't feel confident can also close at breakeven as it is offering a good opportunity again.
Targets are the same as the previous anlaysis
Targets 110345 and 111300
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.