BTC: EXPECTING A BIG MOVE IN THIS WEEK!!

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Welcome to this BTC /USDT update. BTC is still moving in the same range. It has been more than 2 months that BTC is moving in the same range. I'm expecting a breakout this week or maybe in the first week of April.

Now, let's get to the chart.

According to the daily chart, there are two possible scenarios.

Scenario1:- According to this scenario, BTC has held the support of $40,500 and did a breakout of the falling wedge. Once BTC breaks the falling wedge it will pump well.

Scenario2:- According to our 2nd scenario, BTC breaks below $40.5k support and made a last dip towards the $38k-$39k. After this dip, we get a quick bounce and see a breakout of the falling wedge.

As of now, I don't recommend you to take any leverage positions. Wait for the clear breakout is much better.

IMO trade in BTC pairs is more profitable these days rather than USDT pairs Altcoins. Here's why:-

1. If you saw my BTC.D chart (I'll share the link below) then you have a clear idea that Bitcoin dominance is breaking down and ready to fall.
2. If you trade in BTC pair then you accumulate more BTC so when BTC breaks out you are in more profit.

Hope you understand. I have already shared some good altcoins (Link given below) like SXP, AST, COS, SYS. Yesterday COS pumped 68% in just a few hours after my post.

Today, I'm posting some more Altcoins setups (Both in BTC pair and USDT pair). Accumulating and holding is the best strategy in this market.

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Thank You!

Comment:

BTC is breaking out from the falling wedge in the hourly time frame. Send it to $43k