Don’t fear a Bitcoin correction — embrace it. As I’ve mentioned before, a healthy trend requires both upward moves and corrections. The longer the correction takes to occur, the more powerful and volatile it can be, often accompanied by large candles.
🔹 Key Levels to Watch:
121,000: Maintaining above this level is bullish. Even if BTC dips below and fakes a breakdown, it can still be a positive sign.
Next supports: 118,665 and 116,808.
📈 Trading Note:
Above 125,000, consider long positions.
If BTC Dominance drops during a breakout, shift your focus to altcoins.
For now, observe the market carefully and wait for the right setup — patience is key.
🔹 Key Levels to Watch:
121,000: Maintaining above this level is bullish. Even if BTC dips below and fakes a breakdown, it can still be a positive sign.
Next supports: 118,665 and 116,808.
📈 Trading Note:
Above 125,000, consider long positions.
If BTC Dominance drops during a breakout, shift your focus to altcoins.
For now, observe the market carefully and wait for the right setup — patience is key.
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.
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.