My ideal for a swing long in BTC
BTCUSDT has touched an important monthly level, presenting a notable observation for traders. For those who missed this movement and are considering an entry point, the $44,200 area, highlighted by both weekly and daily levels, appears to be a promising option. This zone also aligns with the Fibonacci 0.382 level, adding to its significance. Additionally, should an ETF approval occur in the coming days, we could potentially witness a substantial surge in BTC, possibly reaching the $50,000 zone. Keep an eye on these developments for strategic trading opportunities.
Daily trader with PA and FP
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.