BTCUSD: how should we trade?

Hello everyone, nice to see you again in today's chat! Today, we will analyze and propose a strategy for BTCUSD together.

Currently, BTCUSD is in the process of consolidating at high levels, with stable trading activity on the 1-hour timeframe. Bitcoin price is currently trading steadily above $66,000. Additionally, a bullish head and shoulders pattern is gradually forming, which could signal a break of global resistance and further upside.

From a personal perspective, I remain very bullish on Bitcoin, supported by the 34 and 89 EMAs showing continued growth potential. In the short term, Bitcoin may be aiming for $68,000, and could continue to reach $70,000 on its journey to the $100,000 mark as many investors expect.

Technically, buyers are dominating the market and are building strong support zones. The price is expected to continue growing, and any breakout below $65,500 could change the current market structure.

Please share your thoughts and strategies - I'm always interested in hearing your market perspectives!

Trade active:

The price increase is as expected, 68,000 USD is approaching. At the time of writing, the price is trading around 67,000 USD