🟢Market Update: $BTC Is Preparing for a Big Pump $65.5K Reached🟢
Guys we are seeing now a market pump as per my previous charts prediction that the market continues to recover. The bullish trend started as #BTC broke the $64,500 resistance level & now could continue rallying. Let's jump in the explanation🥂
🔥BTC Pump🔥
Market recovery is happening as BTC prices jumped today while we are seeing a very big bullish signal as it broke the $64.5K level and heading upward. It is expected to continue rallying but we should BE CAREFUL as on Friday we saw the SPOT ETF Market closed in a negative outflow. Keep this in your mind for today.
🔴We need to wait 8 hrs for the SPOT ETF market to open, in order to confirm this pump and turn totally Bullish🔴
🌿 Altcoins 🌿
We saw a significant increase in some coins, but overall the market is slowly recovering.
PEPE increased 3% and continues to recover as most of the Meme coins. $LUNC 8% & USTC 20% also has a major increase while yesterday's winner was $ENA with a 12.8% increase.
Finally, long positions on Futures are advised to be cautious, increase your Take Profit gradually. While don't advise taking Short sell positions today.
Next Target should be $71,000 if (a big IF) the BTC SPOT ETF market opens and gives us a buying pressure. Till this confirmation comes please be safe with your trades.
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