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Hello everyone,
👉 This morning, I shared a bearish update while $BTC was trading at 64340, and it dropped until 63666. I also explained the conditions for BTC to break the sideways trend and potentially enter a bullish momentum. The condition is met when the #BTC 15m candle closes above 64644. However, in the afternoon, BTC suddenly rose from 64475 to 65350. I always wait for the candle to close before confirming bullish or bearish movements to ensure accuracy.
👉 Some more knowledgeable individuals have commented, jokingly saying that even their grandfathers could provide such analysis 😂. Others claim to profit by doing the opposite of our analysis. But imagine if our analysis gains 5% or more—what would they do then? Occasionally, our analysis may face 1-2% losses due to manipulation, but I don't let negativity affect me. I simply block them and move forward for a better mindset.
👉 Currently, #BTC is experiencing bullish momentum with sideways trends. It entered bullish momentum at 65350, but shortly after, it dropped due to BTC #etf pre-session trading. BTC may rise again at any time as the ETF trading goes live within an hour.
👉 #BTC can possibly enter bearish momentum and break the sideways trend if the 15m candle closes below 63505. I will provide updates if this occurs.
👉 Please keep in mind that when I share conditions, you can use them for your stop-loss (SL) strategy if you cannot accept losses or wait for the 15m candle to close. I prefer waiting for the candle to close because sometimes the market reaches a level and changes immediately. Candle closing offers a more reliable signal.
Thanks for your support and love ❤️.
Author : @KingofBTC2024 (For All) BXT
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