BTC Update:
Date: 29/03/2024
Alhamdulillah , moved exactly with #BTC🔥🔥🔥🔥 from 61k to 71k. But again predicted from 70k to 73,500 and now we are changing our decision due to of some factors which I will discuss below.
Current Price of BTC: $70,000
Technically we are going bearish due to of two reasons.
1. Rising Wedge:
As you can see in below provided chart a rising Wedge pattern is forming which is bearish pattern. Breakdown also done. We will see soon a dump to below targets:
1. $67,000
2. $64,700
3. $62,000
I will wait for these targets for my next buying . Today booked 7% Loss just for buying low. Note: This loss is after almost 3 months 😃😃😃😃.
2. Double Top:
You can see in 4 H time frame Double top pattern is also forming which is also a bearish sign 🛑. So, we will go for a ove given targets.
Note: It is my personal point of view. #DYOR🟢. before taking any financial decisions. In case of any lose #MU_Traders is not responsible for any lose.
Waiting for your reaction on this post.
