Hope you have a good day! According to chart, you can see that I understand bitcoin is going to complete last upward moving for grabbing enough liquidity for its next falling down wedge if price could not break the 52K - 55K. Anyway, I just want to warn you that maybe it is not so that fancy and good time now to have long positions for long term or holding purposes, It is better to wait until price straggling around 55K and see if buyers are the winners or sellers take their position back. It is just a financial advice BUT the risks of your trades are on your own and upon your decisions. Take care and have nice day !
Thanks for sharing your insights on Bitcoin's current market situation! Your cautionary note regarding the completion of the last upward move and the potential formation of a falling wedge, along with the suggestion to wait and observe around the 55K level, is prudent. Appreciate the advice!
Atareum-ir
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As you can see in my idea section I had predicted this moving up rally on June 29, 2023 ....