BTC has held steady around the 68K level, prompting the question: what comes next? Greetings to all my followers! In my recent update on BTC, I recommended opening long positions around the 68-69K range. Congratulations to those who followed this suggestion. Yesterday, a surge in selling volume caused BTC to briefly drop to 68.3K before rebounding. As anticipated, if BTC maintains support at the 68K level, we could see a rise to 71K, with 75K as the next target. Our forecast indicates that 75K could be reached within the next 48 hours.
Analyzing the daily chart, it's evident that BTC has entered a bullish phase after holding firm at the 68K level. Therefore, for those who have already opened long positions, it's advisable to hold onto them. If you haven't entered the market yet, consider doing so at lower prices around 69-69.5K, although this entails some risk. It's wise to use small leverage or invest a small portion of your portfolio.
In my perspective, BTC is poised to continue its upward trajectory and establish a new resistance level above 75K. If you share this outlook, don't forget to hit the follow button for more updates. You're also welcome to join my VIP group. Thank you for your support, and may 2024 bring you success and prosperity. Peace and love to all! ❤️