$BTC Market Update: (must read):
We saw a good monthly closing above 70k, but when this new month started we saw a dump which is still in process. For me, new monthly candles if turn red at the start, they show a good sign for the middle of the month.
Where to Long BTC?🤔
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(IN CHART VIEW) : If we see 4H graph for BTC, we can clearly see that BTC is trading inside an ascending trendline and the price always respected its trendline support. Now here is the possible reversal, I gave a long call in my group from price 64,450 bcz I think it will again bounce from the trendline support. (Please note that I have left room for more 5-10% dump in wicky cases which is unlikely but still risk management is must)
Targets:
My targets are beyond previous ATH, expecting 76-78k soon after btc do a perfect breakout of this triangle!
If you are following me on this trade, make sure follow me :)
