Bitcoin at the moment is very volatile, we warned in the mor | MihaiDanielBMK on Binance Square

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Bitcoin at the moment is very volatile, we warned in the morning about this risk, if the area of ​​$58,000 $57,000 is lost trouble may follow.

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+0.87%

502

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To keep the bull market going for bitcoin we need to break above 62.000$ in the next 10/20 days and also we need to stay above 49.000$ if not the bear market can start . I am not bearish I just say what I believe

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#Bitcoin is in an interesting position on the technical chart, showing a potential *reverse head and shoulders* (Hs) - a trend reversal pattern that indicates a possible major rally. This pattern consists of three consecutive lows, with the middle one (head) lower than the other two (shoulders). At the moment, the price needs to approach the $70,000 neckline to validate this tripartite, and a confirmation above this level could trigger a strong upward push. The price target suggested by this pattern is around $74,000, a level that could attract the attention of traders and long-term investors. However, for this scenario to materialize, it is essential that Bitcoin retains its current support and continues to see increased trading volumes.

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I think that this correction is 90% over and curent levels are a good entry point ! 🍀💰

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Look at time as you would look at money, your money, would you like to give yourself the least amount of money and share the rest with others? What would you get in return? the best investment of time is in learning, true power lies in what you know

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For today, #Bitcoin has an examination at $59,800, a resistance that it must overcome, it would be preferable not to go below $58,500. I entered at $58,100 and will hold the position until $63,000 where I want to see what he will do! It won't be a mega profit, but even 9% is ✅

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