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Technical Analysis for Bitcoin (BTC/USDT) + trade planTechnical Analysis for Bitcoin (BTC/USDT) by Blaž Fabjan Descending Trading Channel: Bitcoin appears to be moving within a descending trading channel, with the price gradually testing the lower bounds and trying to break out from this downtrend. The key resistance for a breakout from this descending channel is around the 64,000 USDT level, while the support is close to the 62,500 USDT level. A breakout above the upper channel line would indicate a potential bullish reversal and continuation to the upside. Resistance and Support Levels: Resistance: The primary resistance zone is around 64,333 USDT (marked on the chart). A breakout above this level may result in the next target being around 66,966 USDT. Support: The nearest support level is 62,566 USDT. A breakdown below this could push the price towards the lower support area around 59,544.5 USDT. Momentum Indicators: VMC Cipher B Divergences: This indicator is currently showing some positive momentum with green dots indicating potential bullish divergence, suggesting that the price may increase soon. RSI (14, close): The RSI is hovering around 50, indicating neutral momentum. A break above 50 could indicate a bullish trend, while a drop below could signal a bearish continuation. Stochastic Oscillator: The Stoch (14, 1, 3) shows an overbought condition at 82.78, which may suggest a short-term pullback or consolidation. However, if the upward trend continues, this can be ignored in favor of further bullish momentum. HMA+ Histogram: The HMA+ (Hull Moving Average) is slightly bullish with a reading of 33.0, indicating that the short-term trend may be shifting toward the upside. Volume: The chart shows moderate volume. Higher volume accompanying a breakout above the resistance level will be crucial to confirm the move. Trading Plan: Bullish Scenario: Entry: Consider entering a long position if Bitcoin breaks above 64,333 USDT with confirmed volume. Target 1: The first target would be around 65,000 USDT. Target 2: If momentum persists, the second target could be 66,966 USDT. Stop Loss: Place a stop loss below the support at 62,500 USDT to manage risk. Bearish Scenario: Entry: If Bitcoin breaks below 62,566 USDT, consider entering a short position. Target 1: The first target would be around 61,000 USDT. Target 2: A further decline could push the price toward 59,544.5 USDT. Stop Loss: Place a stop loss above the 64,333 USDT level to minimize potential losses. Summary: Bitcoin is currently at a pivotal point within a descending channel. If the price breaks above the key resistance at 64,333 USDT, there is potential for a bullish breakout targeting 66,966 USDT. However, if Bitcoin breaks down from the 62,566 USDT support, the bearish scenario could unfold, leading to a possible drop toward the 59,500 USDT zone. Monitoring volume and key indicators like RSI, Stochastic, and HMA+ will be important for confirming the direction.
Long
by elfabiiani
9/25 Altcoins and BTC Await Next MovesOverview: AMEX:SPY displayed a minor decline yesterday, forming a small red candle while remaining near the upper boundary of its current trading range. This pullback is largely attributed to the underperformance of the oil and gas sector, which saw significant declines. Despite this, there are no clear indications of bearish momentum building up at this stage. NASDAQ:QQQ closed with a green candle, successfully surpassing the previous high set on August 22nd. This breakout signals bullish momentum and a positive outlook for the tech-heavy index. BTC TA: W: Bitcoin is holding above the Bollinger Bands' moving average but remains below the critical weekly resistance level of $64 k. This positioning reflects a neutral to slightly bearish outlook. D: The daily chart reveals why the weekly candle only has a wick above $64 k. Unfortunately, Bitcoin failed to maintain its support line and is now trading below it. If further correction occurs, the target is around $60.3k, where the highest volume of trading activity has been observed. 4h: Analyzing the recent bull run from September 6th, the Volume Range Volume Profile (VRVP) point of control aligns closely with the current price level, indicating significant trading activity here. A breakout could lead to either a drop to $43k or a surge to $80k. Keep an eye on the bearish MACD line divergence, which, although present, needs confirmation on the 1-hour timeframe. 1h: The previously observed divergence has dissipated, and the market is now range trading, indicating a neutral outlook. Altcoins Relative to BTC: Most major altcoins peaked 2-3 days ago and are now waiting for Bitcoin’s next move to decide their direction. Bull Case: As long as Bitcoin maintains its support level without breaking down, there's an increased likelihood of a gradual rise. Current market behavior suggests we are in an accumulation phase, which could precede a strong upward movement. Bear Case: We might be experiencing the peak of a bull trap. Economic indicators are not favorable, and there is a risk that large holders (whales) may begin selling off their positions. Fear and Greed Index: The index has dropped slightly to 48.34 from yesterday's 52.83, indicating a slight shift towards fear in the market. Prediction and Opportunities: On weekly and 4-hour charts, there are divergences in major altcoins, presenting potential opportunities. SOL successfully broke through its $144 resistance level, and ETH did the same with its $2,550 support, establishing these as new support levels. AR also confirmed its $21.73 support level. These setups could offer profitable trading opportunities if confirmed by further price action. Correction Notice: In yesterday's analysis, we incorrectly stated that BlackRock had been on the sidelines with Bitcoin and Ethereum ETFs. New data reveals the opposite: BlackRock made significant purchases of $98.9 m and $184 m worth of BTC on consecutive days, along with a $59.3 m purchase of ETH. While Fidelity customers showed reduced interest, with some selling BTC, BlackRock’s aggressive buying suggests divergent strategies among major players. This highlights the complexities of using ETF flows as a metric, as there is no clear way to track "smart money" in the crypto space. It’s intriguing to observe the varying purchase patterns between BlackRock, Grayscale, and Fidelity.
COINBASE:BTCUSD
by EvgenCapital
Next Volatility Period: Around October 11Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- It is showing sideways movement around 63118.62-64000.0. Therefore, if it breaks out of this area, - 65920.71-67614.25 when up - 60672.0-61099.25 when down You should check for support around the above area. The StochRSI EMA is almost approaching the 100 point. Accordingly, the possibility of volatility is increasing. As I mentioned in the previous idea, I think we can predict the future trend depending on how the initialization of this StochRSI indicator proceeds. - (BTCUSDT.P 1h chart) The section that the finger is pointing to is the section that fell below the 5EMA of the 1D chart, then touched the HA-Low indicator and rose. When it fell below the 5EMA of the 1D chart this time, we need to check whether it touches the HA-Low indicator and rises. The M-Signal indicator of the 1D and 1W charts is passing through the 60651.2-61149.2 section, so the key is whether it is supported around this area when falling. When rising 1st: 65922.3 2nd: 67612.8-68215.5 You need to check whether there is support near the 1st and 2nd above. - It is not easy to know whether it will rise or fall right now. However, you can predict the next support or resistance section depending on how it breaks through the support and resistance points of the 1M, 1W, and 1D charts drawn on the chart. Therefore, I think it is a good idea to trade with a response strategy for rising and falling from the current position. For this, you need to have your own trading strategy established. ----------------------------------------- (USDT.D 1D chart) USDT dominance is showing a decline in an important section. Therefore, we need to watch whether it can fall after receiving resistance near the M-Signal indicator on the 1W, 1M chart. I think that in order for the coin market to show an upward trend, the USDT dominance must show a downward trend. Therefore, it is expected that we will be able to know whether the coin market can start an upward trend depending on whether the USDT dominance falls below 4.97 and is maintained or shows a downward trend. -------------------------------------- The purpose of adding DMI and OBV is to find out the strength of the trend. The final formula was changed accordingly. Based on the 0 point, - If it rises above 0, it means that the upward force is strong. - If it falls below 0, it means that the downward force is strong. The important thing to note here is when it touches the 2 or -2 point. At this time, you can proceed with a transaction by checking the movement of the BW indicator and StochRSI indicator. The trading time should be conducted depending on whether there is support at the support and resistance points drawn on the chart. It is recommended to use the movement of the indicator only as a basis for judging whether it is supported at the support and resistance points. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the real uptrend will start when it rises above 29K. The area expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
3
2024-09-25 - priceactiontds - daily update - bitcoinGood Evening and I hope you are well. tl;dr Bitcoin - Look at the daily chart. Absolutely in balance is what this is. Please see my weekly outlook for more info. comment: Did not change anything from my weekly chart since market is doing nothing. You don’t see a market printing 6 of those bars very often. Be prepared for the breakout. current market cycle: trading range (again a triangle on the daily chart) key levels: 57000 - 65000 bull case: Bulls had 3 legs up and moved sideways since. No side has an advantage here. Bulls need to get above 65000 for 67000/68000. Don’t try to analyze more than there is to it. Invalidation is below 61500. bear case: I won’t bore you longer. Bears need to get below 61500. Invalidation is above 65000. short term: Neutral as can be. medium-long term: Down to 40000 (could take 1-3 months). Could also drop to 20000 again but let’s make 40000 first and see how many want to buy there. —unchanged since March, obviously updated the time range which was 6-9 months before. current swing trade: Nope trade of the day: Clear support and resistance. Either scalp it or set up alarms and don’t look at it until they go off.
CRYPTO:BTCUSD
by priceactiontds
Bitcoin - MORE INCREASE? Have to see THIS FIRSTBitcoin has been giving us some positive vibes as buying pressure shows up on lower timeframes. We've even managed to keep the price above $60k - an excellent sign of strength. However, before considering more upside there really is just ONE thing we need to see - higher lows. For as long as we are unable to breakout ABOVE the diagonal resistance zone, we'll just be stair stepping down into a slowburn, slow decline until point 4 is established and we're ready to complete the final impulse wave up (4-5). Making higher lows would result in prices back towards the upper 60's, with a successful retest of the neckline support. EXTRA FOR EXPERTS - Here's how to use the Bitcoin Dominance chart together with the Altcoin market chart to gauge the next direction of BTC: ______________________ BINANCE:BTCUSDT
by CryptoCheck-
3
BTC TO 45-43K BEFORE MAKING NEW ATH COINBASE:BTCUSD BINANCE:BTCUSDT Hello everyone. Bitcoin is trading in a bearish channel. I have left alot of indicators and other chart things off to keep it clean and show my main points. But remember we are in a wave 4 of 5 and have not hit the retracement target yet. Prices always move back toward equilibrium. As you can see on the chart in purple. This lines up nicely with the 1.618 and 1.786 fib extensions of the swing low to swing high. It also intersects with the base channel which is a typical wave 4 target. Wave 4 typically hits the top or middle base channel. The fib extensions line up nicely with the mid channel. This creates a significant area of interest and a likely spot to land before making a new ath. If you disagree with me please use data and examples and not emotions. Thanks everyone!
COINBASE:BTCUSDShort
by member_berry
1
BTC - Bearish Pressure Ahead!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 As per our latest analysis, BTC has rejected the $50,000 - $52,000 support zone and has been trading higher since then. However... BTC is currently approaching the upper bound of the red channel. Thus, for the bulls to remain in control, a break above the upper red trendline is needed. In this case, a movement towards the $70,000 resistance would be expected. Meanwhile, BTC would be bearish medium-term and can still reject the red trendline for one more leg down. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
1
DOGE - Very Exciting!Hello, This orange trace nicely illustrates likely movements to complete some of the major support and resistance levels that were recently established, and have not been "tested" yet. I believe that DOGE is unique… it insights the emotion of LOVE. Man’s best friend. Unconditional love. The world is waking up and transitioning from the fear based 3D matrix world mentality and back to a 5D energy based world… emotional awareness and the force of LOVE reign supreme over the new world we are entering. Do you feel it? Do you love DOGE? Does bitcoin give you FOMO? Or just straight-up FEAR, with all the dirty Black Rock war and genocide money linked direct to it now. The graph of fear and greed is very volatile. Huge Highs and lows... just like an addiction. The graph of a building a tribe using the power of LOVE looks more like climbing a Pyramid… a step up and a lap around, repeat. Doge has done this Thrice, without a major retest. I believe our tribe is growing stronger as LOVE will prevail in all of the turmoil of the world. Love has already won in the Quantum... it is up to each of us to navigate our Golden Path (of the soul) through this Earth reality, ascending to the place of unconditional love... enlightenment. If that were we are going... I'll take the DOGE coin by my side. Man's best Friend. Unconditional love. Go Doge Go!
COINBASE:DOGEUSDLong
by DHLawrence
1
ALGO Long Spot Position (Descending Resistance Breakout)Market Context: ALGO has recently broken through the descending resistance line from May and is now at support, presenting a long trade opportunity. Trade Setup: Entry: Ladder into a long position in the $0.13 - $0.1380 support area. Take Profit: First target: $0.16 - $0.17 Second target: $0.20 - $0.2170 Stop Loss: Just below $0.123 ⚡ This setup aims to capitalize on the breakout and current support level. #ALGO #Crypto
Long
by Richtv_official
Bitcoin can make small correction and then start to move upHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price some time ago declined to the support level, which coincided with the buyer zone and even soon broke this level. After this, price declined a little more and then moved up inside the upward channel. In a short time, BTC broke the 56200 level again and then made a retest. After this movement, BTC rose a little more and even almost reached the resistance line of the channel, after which it turned around and declined to support line of the channel. Some time later Bitcoin rebounded from this line to the resistance line, which coincided with the resistance level with the seller zone, and tired to break it, but failed. Later, the price some time traded near this level, and a not long time ago made a fake breakout of the 63700 resistance level. Now BTC trades very close to this level, therefore I think that the price can correct almost to the support line and then start to grow to the resistance line of the upward channel, thereby breaking the resistance level. For this case, I set my TP at 67250 points, which coincides with the resistance line. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
4
GOLD H4 Analysis And Route Map For Next Move - BullishPair Name = XAUUSD Timeframe = H4 Analysis = technical + fundamentals Trend = Bullish Please see the Above chart To see The Gold Next Moves. We are currently in new Price Ranges. But we are also using our previous analysis and data to Follow the exact Path. Currently We Can see between two strong support and Resistance levels. As we can see at chart 2650 Gold Price level and 2670 Gold Price level. EMA 5 is indicating the trend of the market. EMA Cross over can range between 2655 to 2650. That indicates if Price breaks this level. Then we will see a small retesting period. This kind market allow us to buy the dip and cash another next trend move. Strongest retesting zone exists between the price level 2615 to 2600 price level. EMA 5 Crossing levels:- 2650 To 2655 Retracement Zone:- 2600 To 2615 Bullish Gold Levels:- 2673 2690 Bearish Gold Levels:- 2650 2615 2600 2589 Stay tune we Will update again when market will give up another good direction move. With Different different time frame we check the market to get the Accurate analysis according market next move.Happy trading.
OANDA:XAUUSDLong
by Alpha-GoldFX
9/24 Markets on Edge: Is the Bull Run Here to Stay?Overview: It might seem like the markets have been rallying for the last four trading days, following the recent interest rate cut. The AMEX:SPY formed a bullish spinning top candlestick pattern on Friday and Monday, followed by another green candle on Tuesday. We remain in a bullish trend with no clear signs of reversal. However, it's worth noting that we still haven’t reached a new all-time high and haven't posted a solid green candle engulfing previous ones. The AMEX:SPY hasn’t even surpassed the highest trading price recorded last Thursday. Essentially, we're hovering at the market's peak, deciding whether to kick off a new bull cycle or face a potential downturn. NASDAQ:QQQ also closed positively, but the candlestick pattern is similar to SPY. On Tuesday, the Federal Reserve reported the S&P Case-Shiller Home Price Index, which tracks housing price increases in 20 major U.S. cities. While housing is still appreciating, it’s doing so at a slightly slower pace than anticipated. In July, it rose by 5.9% year-over-year, compared to an expected 6% and the previous reading of 6.5%. The primary driver of home prices is borrowing costs, particularly reflected in mortgage rates. Typically, a 1% increase or decrease in mortgage rates correlates with a 10% change in property values. As interest rates decrease, so do mortgage rates, influencing home prices. Average 30-year fixed mortgage rates dropped from 7.22% in May to 6% in mid-September, translating to a 12.2% increase in housing prices. Therefore, the Case-Shiller Index could see a significant rise, especially if the Fed cuts rates twice more by year-end. The Consumer Confidence Index, distinct from the Michigan Consumer Sentiment Index, also dropped to 98.7 in September, nearing the bottom of its narrow range over the past two years. This is the steepest decline since August 2021, with all five components of the index deteriorating. Consumers’ views on current business conditions and the labor market have turned negative. Additionally, expectations for future labor market conditions, business conditions, and income have all worsened. While this drop is significant, it’s not as severe as during the Dotcom Bubble or the Subprime Mortgage Crisis. Fidelity and Bitwise are slowly dipping their toes into the BTC ETF market, while Grayscale and BlackRock remain on the sidelines. The ETH ETF remains untouched. It’s possible that the recent surge in buying is driven by retail investors. We might need to reconsider the importance of ETF metrics, as they’ve become just another market participant without any apparent insider knowledge. For instance, BlackRock made its largest BTC ETF purchase between February 27th and March 14th when BTC's price ranged from $51K to $73K. On March 12th, they purchased $849 million worth of BTC at a closing price of $71.4K, leaving them in a loss since then. Weekly : This week’s BINANCE:BTCUSD candle is above the Bollinger Band moving average, but it’s still intersecting the $64 k weekly level. If this price holds, it could signal a major bullish trend. For now, it’s still leaning bearish. Daily : Tuesday’s price action pushed us above the weekly $64 k level. The daily candle appears stronger compared to the previous four spinning tops. RSI is approaching overbought territory but hasn’t crossed the 70 mark, and there are no MACD divergences. 4-Hour : The bearish MACD divergence persists, now visible in RSI as well. Three consecutive candles are holding above $64K. Lower timeframes will reveal how many attempts were made to break this level and if previous resistance has turned into support. The price is at the top of the Bollinger Bands. 1-Hour ): On Tuesday, September 24th, at 10 AM, there was a decisive candle indicating an unsuccessful attempt by American bears to break the $62.9K level. The VR VP point of control is precisely at this level, with significant bullish buy orders absorbing the selling pressure. Volume nearly doubled to 1.1 million on Coinbase, compared to an average of 278k. Subsequent candles showed higher volume and a higher low. Once the selling pressure was absorbed, the price began to rise and broke the resistance level. Since the breakout, the price has tested the old resistance level three times but successfully rebounded, closing higher above the Bollinger Band moving average. This breakout was confirmed by a CVD (Cumulative Volume Delta) bullish divergence, available on TradingView. It shows the difference between buying and selling pressure in the market, especially on the 1-hour timeframe. During the 10, 11, and 12 AM candles, a higher low was formed compared to the previous price low, but the CVD indicated a lower low. This suggests that even with immense selling pressure, buy orders were absorbing the sell orders, pushing the price higher. Alts Relative to BTC: While major market indices and BTC might appear flat and indecisive, altcoins are experiencing explosive growth. Since the rate cut, the following alts have surged: TAO: +70% SUI: +50% APT: +37% NEAR: +30% RNDR: +30% Alts had ample room for growth as many collapsed faster than BTC. In early September, SUI and NEAR reached their "BTC ETF approval" price levels from January 10th, while APT hit its 2023 bottom price. It still has another 9% to go before reaching its BTC ETF price. Bull Case: BTC holds $64 k, all selling pressure is absorbed, and liquidity floods the market, especially after China joined the rate-cutting spree, reducing their rate from 2.3% to 2.0%. Bear Case: It could all be one big bull trap, with deeper economic issues globally leaving people with less disposable income to gamble on speculative assets. Fear and Greed Index: 52.83. Increasing but still in the neutral zone. There's a notable divergence: check the Fear and Greed Index chart on CoinMarketCap. The last two lows were on August 5th and September 6th, yet BTC posted a higher second low, indicating irrational fear in the market. Keep an eye on this divergence for future reference.
COINBASE:BTCUSD
by EvgenCapital
Bitcoin (BTC) Technical Analysis and Trade Idea👀 👉 Bitcoin has been range-bound for a while, recently reaching a key resistance level. The bullish momentum appears to be weakening. In this video, we dive into the trend, price action, and market structure, exploring various possibilities for a potential trade setup. Disclaimer: The information provided in this video is for educational and informational purposes only and should not be considered financial advice. 📊✅
by tradingwithanthony
BTC/USDT 1DAY CHART UPDATE !The chart uploaded for BTC/USDT on the 1D timeframe shows a crucial resistance level of around $64,000, as marked by the downward-sloping trendline. The chart indicates that Bitcoin has recently approached this resistance level again and is at risk of a pullback, similar to previous rejections from May and August (highlighted by the yellow circles). This trendline, combined with a bearish engulfing pattern, suggests that Bitcoin could soon face another correction, possibly dropping toward the $51,000-$52,000 support area, which aligns with the green trendline on the chart. The descending resistance trendline supports this short-term bearish outlook, with broad downward pressure visible on both the 1D and 4H charts. If a correction occurs, the $51,000-$52,000 range would be the key support area for a potential bounce or reversal. Disclaimer: This analysis is for informational purposes and not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
by CryptoSanders9563
Bitcoin (BTC/USDT) 1-hour price action + trade planTechnical analysis for Bitcoin (BTC/USDT) 1-hour price action with multiple indicators and a descending triangle pattern by Blaž Fabjan Chart Patterns Descending Triangle: This is a classic pattern that typically suggests consolidation, and in many cases, a breakout (especially when formed in an uptrend). The triangle seems to be nearing the apex, indicating that a breakout could happen soon. Breakout potential: Since it's forming within an overall uptrend, the triangle suggests the possibility of a continuation of the uptrend after the consolidation. Indicators VMC Cipher B: The VMC Cipher B shows wave-like movements indicating market momentum and divergences. It looks like the waves are approaching a positive curve, indicating a potential bullish movement if confirmed by momentum. RSI (Relative Strength Index): The RSI is hovering around 50.49, which shows a neutral trend at the moment. No overbought or oversold conditions are present, leaving room for upward or downward movement depending on the breakout direction. Stochastic (14, 1, 3): The stochastic shows a level of 43.32 (blue) vs 56.91 (orange), indicating a slight bearish momentum, but it could reverse if price continues consolidating and breaks upwards. HMA+ Histogram: The histogram appears to show bearish pressure with negative values such as -55.9, though it looks like it may start to shift upwards if there's enough buying momentum. Volume: The volume appears lower during consolidation, which is typical before a significant move. Watch for an increase in volume as the price approaches the end of the triangle. Support and Resistance: Support: Around 63,800 USDT (marked by the bottom of the triangle). Resistance: Immediate resistance appears at around 64,200 USDT, the upper trendline of the descending triangle. Trading Plan: Breakout Strategy: Bullish scenario: If BTC breaks the triangle to the upside, enter a long position after confirmation (e.g., after the price breaks above 64,200 USDT with volume). Place a stop-loss slightly below the triangle's bottom at around 63,500 USDT. Target price: A potential upward target could be around 67,000 USDT (previous high) based on the size of the triangle. Bearish scenario: If the price breaks below the triangle’s bottom (around 63,800 USDT) with volume, a short position can be considered. In this case, place a stop-loss just above the upper trendline of the triangle (around 64,500 USDT). Target price: A downside target would be around 62,000 USDT, depending on how strong the downward momentum is. Risk Management: Set a risk/reward ratio of at least 1:2, considering the uncertainty of the consolidation period. Adjust your position size to risk no more than 1-2% of your capital on the trade. In summary, BTC is consolidating in a descending triangle within an uptrend, and a breakout in either direction is likely. Watch for volume and confirmation before taking a position, and stick to a disciplined risk management plan.
Long
by elfabiiani
Bitcoin Breakout Imminent: $125k Target in Sight!Hey everyone! Appreciate a like and follow if this analysis helps! BTC is currently trading around GETTEX: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 FWB: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!
Long
by CoreCrypto1