First of all, a heartfelt thank you for all the boosts and a warm welcome to the new followers. I truly hope I’m providing value that makes your decisions and trading ideas easier to navigate.
Now, let’s dive into the chart:
The bars are growing larger and volatility is picking up.
We’ve got solid support at the centerline, but this support might soon give way. If that happens, Bitcoin will drop below the centerline, setting the stage for the following scenarios:
1. Panic sets in, and the market falls** – likely down to the 1/4 line (PTG1).
2. A pullback to the centerline. If the market fails to close above the centerline, we’re back to Scenario 1. On the other hand, if we see an open and close above the centerline, it’s very likely we’ll witness a rocket-like surge upward.
What’s the move here?
My thinking remains the same as last time:
If you take 50% profit off the table, it doesn’t matter what happens next. If the market drops, you’ve secured 50% profit. If it rallies, you’re still in with 50%.
Wishing you all the best of luck!
#BullCyclePrediction #MicroStrategyAcquiresBTC #BinanceMegadropSolv #BinanceAlphaAlert #TrumpBTCBoomOrBust