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Symbol: #BTC -- Future Entry signal: SHORT Entry price range: Now — 60580 Take profit 1: 58435 Take profit 2: 57680 Leverage: 50x Stop loss/Est. Liq: 61581 Risk/Size: $200.00/ .055 or 0.10 BTC $BTC #BTC☀
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#BTC ETFs hold 851k BTC, 4.3% of circulating Bitcoin. After strong starts with inflows up to $2.5B, there's a slowdown since March. With Bitcoin at $60k after a drop, are more corrections ahead?
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US senate is proposing 1% wealth tax on crypto holdings above $500K #BTC
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In the period of accumulation phase, market gives retailers a feeling that things could dump more and more. In the period of distribution phase, market gives retailers a feeling that things could go higher and higher The range keeps playing ping pong game until a moment of Break Up or Break DOWN.
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What I am thinking about BTC now: - It is new cycle of BTC bull market. - Support of BTC now is 60k (Electricity cost level) - First resistance: 100k ( Total production cost level) - FOMO can push up to 140-180k (Parabolic movement) - If market gives other chance to 60k or fakeout below 60k It's for BUY - The good case: the consolidation will finish soon and It is going higher soon. - The bad case: the consolidation will last till end of Summer or Autumn. Market will be boring and many fakeout movements on Alts structures. $BTC $ETH $BNB
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