✅BTC: three local targets for Bitcoin!

Hi friends! After a huge liquidation of $2B in the cryptocurrency market, Bitcoin is showing signs of strength, which is positive for opening long trades. Read about 5 confirmations of Bitcoin's strength.

The positive signs:
🔶Bull trap - liquidation of long traders for $500M. Usually, this is additional confirmation that a big player is accumulating positions and trying to collect all the liquidity in the market.
🔶Higher lows (HL) - buyers ready to buy higher and higher.
🔶Squeezing and breakout of the trend line - after the liquidation of the long traders, the price did not continue to fall, but returned to the trend line.
🔶Two-week accumulation in the $27,000 to $31,000 range.
🔶Growth of Bitcoin Dominance (BTC.D). Money from altcoins is flowing into Bitcoin.

✅The targets:
1️⃣ $32,000
2️⃣ $33,100
3️⃣ $35,900

Also, check out the video about Bitcoin targets that I recorded for you! The price return to the trendline and brekout it again.

04:30

✅Friends, what is your plan? Share it in the comments. Let's look at the Bitcoin chart from different points of view!

💻Press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.

P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.

Comment:

05:47