There is a big opportunity to buy bitcoin 36500 is a good Support/ resistance and the last drop from 40k to 30k was was an Simple ABC correction the current Trend is still and remain bullish for a longer period (1year+).I see the rise from 4k-40k as an megawave and we will see much higher Prices specially if bitcoin is valued more than 56k.
There is no acute signs of a loss of value.
If you want to trade SL 28000 TP1 48000 TP2 55000 Tp3 64k
TP1 is Based on wave 5*1,41
Remember The trend is your friend, until the end when it bends.
In the marked area there was a lot of demand of dumped bitcoin even with the high volume .And bitcoin tested many times 36xxx area.
There is no acute signs of a loss of value.
If you want to trade SL 28000 TP1 48000 TP2 55000 Tp3 64k
TP1 is Based on wave 5*1,41
Remember The trend is your friend, until the end when it bends.
In the marked area there was a lot of demand of dumped bitcoin even with the high volume .And bitcoin tested many times 36xxx area.
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classic ascending triangle (uptrend)
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38k could be a breakout point increased volume would be good for the continuation of the bulltrend
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market is always right dont trust me
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disclaimer: everyone has to do their own analysis before trading
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ETH started pumping so BTC will
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ltc also
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30k must buy
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now
Trade closed manually
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the musk push is killing btc