iBijan

BTC new Bull run

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
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Never risk more than you can afford to lose.
Always DYOR.
BTC has already started a new journey, especially after breaking the 30K resistance level, which took place at 23 Oct. 2023.
Should you take a look at what just happened during past a few months you may notice that the aforemention bull run is confirmed following link is the monthly time frame of BTC
it seems a little messy but make such a long story short.
as you may notice the next important resistance level is 48k, and if BTC penetrate into that level meeting pervious ATH will be so easy.

The following link is the weekly time frame and shows that BTC is changing to shift from a short trem raising dynamic channel into another, check the following link


should BTC overcome this challenge, it would be able to continue its journey within the triangle up to its pervious ATH and even more.
In daily time frame you may notice that BTC is tumbling up and down within the raising trianhle which leads it to 48K resistance level, following link


So yesterday and today, was the proper point to open an long position, especially yesterday it happened two times and BTC dropped upto 40500$ which was a good a fast profiting point to open a long position.
This is personal idea and I am not financial adviser.

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