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BTCUSD H4: TARGET 56 000 USD DAY OF WEEK SEASONALITY (NEW)

Long
BINANCE:BTCUSD   Bitcoin
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BTCUSD H4: TARGET 56 000 USD DAY OF WEEK SEASONALITY (NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: BTCUSD H4 chart review
::: chart looks good /strong
::: strong S/R below near 37K and 42K
::: buying low after pullback is the best option
::: overhead resistances: 51 000 USD and 56 000 USD
::: BULLS buy low from 42 000 USD TP1 51K TP2 56K
::: DAY OF WEEK SEASONALITY BTCUSD
::: Monday-Wednesday - generally strong period
::: Thursday/Friday - weak days for Bitcoin
::: weekend mostly trading sideways
::: Best strategy based on day of week
::: seasonality: BUY/HOLD Mon-Wednesday
::: based on 5 weeks of data (recent data)
::: Back to trading plan for BTCUSD
::: expecting limited upside beyond 51K short-term
::: so either we get a pullback now
::: or max out later near 51 000 USD
::: BULLS STRATEGY below
::: recommended strategy: BUY/HOLD near 42 000
::: TP BULLS TP1 51 000 USD TP2 56 000 USD
::: overall strong market / more gains likely
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BEARS/PULLBACK

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