I'll keep it short!
BTC Still struggling to break the 59k resistance and getting hammered down again and again from the resistance level.
The possibility of a new low is still there around 51k to 53k level.
Nothing but boring sideways for now.
Whereas the lower time frame shows another possibility of a pump towards 59k straight.
So it's better to stay aside and wait for the right moment.
I am accumulating Long position in BTC, Will be accumulating till as low as $49k if it gets there with very low leverage. Since everyone is waiting for that 51k low, who knows we see a big green hourly candle breaking all the resistance levels?? :)
So better to ladder in partially.
My current long entry is around $56400.
Overall I am bullish on BTC.
If you want me to post more of these charts. Hit that like button and share your views in the comments section.
Thank you
#PEACE
BTC Still struggling to break the 59k resistance and getting hammered down again and again from the resistance level.
The possibility of a new low is still there around 51k to 53k level.
Nothing but boring sideways for now.
Whereas the lower time frame shows another possibility of a pump towards 59k straight.
So it's better to stay aside and wait for the right moment.
I am accumulating Long position in BTC, Will be accumulating till as low as $49k if it gets there with very low leverage. Since everyone is waiting for that 51k low, who knows we see a big green hourly candle breaking all the resistance levels?? :)
So better to ladder in partially.
My current long entry is around $56400.
Overall I am bullish on BTC.
If you want me to post more of these charts. Hit that like button and share your views in the comments section.
Thank you
#PEACE
Trade active:
These are the two scenarios I feel could happen.
These are the two scenarios I feel could happen.
Trade active:
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CLICK ON THE ABOVE CHART TO READ MY LATEST ANALYSIS ON BITCOIN!
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