$BTC update, What's Next?
(Here is everything that you need to know)
As my previous prediction went superbly and on point, which was a dump till 57k below area which exactly happened and the market recovered from it too quickly. Now I am looking forward to building another swing Long position.
Entry:
Placed a Long bit at $66.8k.
DCA at $64,650.
Reason: We are now in the ending phase of Q2 (which is always bearish) therefore, buying will be done for Q3 and Q4 (always bullish as per history). Usdt Treasury has minted billions of new USDTs to be used in buying.
JUNE will be much better than the previous 2 months. You can still scalp the market in lower TF, but I have already provided you with the idea of my swing long on HTF.
CHART EXPLANATION:
I have attached the chart for my BTC scenario, The entry point is near the cmp. but the DCA level is the key area as it was the high of the month of feburary.
From now on, I will be posting regularly only if I get enough interactions from you people. If you find my information useful, do like, follow, and comment.
FOLLOW PROPER RISK MANAGEMENT AND #DYOR
#BTC #ETH #altcoins #btc70k
LIVEHere is everything you need to know about BTC!
$BTC/USDT📈
(WEEKLY ANALYSIS "4 yrs" )
We saw $BTC hitting ATH this year without any major correction until now! But when will this correction end?
👉🏻 (Must See The Chart Below)👈🏻
I have Analyzed the market structure for past 3 years and I have found smth useful enough to predict the next move.
In 2021, BTC started dumping from 2nd week of April --- 2nd week of June
In 2021, BTC started dumping from Last week of March--- 2nd week of June
In 2022, BTC started dumping from 2nd week of April -- 1st week of June
In 2023, BTC started dumping from 3rd week of April -- 2nd Week of June
In 2024, we started dumping again but from 11th March and I think it will end till Mid june.
I have drawn a trendline too, which served as a support in 2021. I expect $BTC to touch it again for a healthy move up at approx 57.6k .
This is not a guaranteed move, but I am sure BTC won't dump more below that area.⌛️
Due to the ongoing market correction, we recommend limiting your trading strategy to scalp trading for the time being, as attempting swing trades could adversely affect your portfolio under current volatile conditions.
Please set a modest daily earnings goal and strictly adhere to it. It's also crucial to avoid overtrading until the market stabilizes. This disciplined approach will help you navigate the market more safely during this turbulent phase.
Stay cautious, and trade wisely!
Regrads,
@Apzes
#bitcoinhalving #Megadrop #Token2049 #BTC #Binance
