Appreciate a like and follow if this analysis helps!
BTC is currently trading around 64K level and as you see in the chart, it is forming a bull flag-like structure. A real bullish rally will start once it breaks out from this bull flag.
Currently, many Altcoins are up 50-100% so do not FOMO now. Wait for a pullback to open any futures trade and not sell your spot holdings. They will give you amazing returns in this bull run.
Breakout level:- Weekly close above 67K Target:- 125k by the end of the bull run. Strategy:- Take entries when the market gives a pullback not when everything is up 100-200%
What are your thoughts on BTC's current price action? Share your analysis in the comments!
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.