BTC's response is running right away. Looking at how the Day candle closes. If I put in all the red trees, tomorrow I will see 60k for sure.
Has anyone seen today's analysis article and then shorted btc?
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🚨 Update BTC on May 6
Today, at the beginning of the week, we can see that the market is quite positive. There are a few changes that we need to update to the market. Let's quickly score with Trading Insight!
👉 In the past 2 days, the number of Sharks 🐳 increased dramatically in the cumulative buying volume of BTC at the price range of 63,900 and 64,400. The number of individual sharks bought up to 4500 BTC for 1 wallet with a volume of more than 290 million $, directly affecting Bitcoin price while accumulating in short time frames
👉 In addition to being positive from the sharks, BTC also tried to retest the psychological support zone and took away the liquidity zone at 64,400. There is an area of 66,500 with a lot of liquidity there that can also be obtained.
👉 BTC is retesting the trendline and support price range at 64,100-64,300. If it really breaks, BTC must return to 66,500-67,500.
👉 According to my personal view, this week exactly from tomorrow the market will start to reverse. Returning to 60,200-63,100 is very good in a short view.
🔹Looking at the news of the BTC Spot ETF attracting a large amount of capitalization to push up the market price, but currently regaining trust from new investors is not as active as before. There will be a possibility of finding a way to push the price up and then release it strongly.
In case you pump too hard, that's it, let's give it another chance. Altcoin has only been bought 30% so I hope not to pump too quickly.
What do you think about Bitcoin's direction this week?
Today, at the beginning of the week, we can see that the market is quite positive. There are a few changes that we need to update to the market. Let's quickly score with Trading Insight!
👉 In the past 2 days, the number of Sharks 🐳 increased dramatically in the cumulative buying volume of BTC at the price range of 63,900 and 64,400. The number of individual sharks bought up to 4500 BTC for 1 wallet with a volume of more than 290 million $, directly affecting Bitcoin price while accumulating in short time frames
👉 In addition to being positive from the sharks, BTC also tried to retest the psychological support zone and took away the liquidity zone at 64,400. There is an area of 66,500 with a lot of liquidity there that can also be obtained.
👉 BTC is retesting the trendline and support price range at 64,100-64,300. If it really breaks, BTC must return to 66,500-67,500.
👉 According to my personal view, this week exactly from tomorrow the market will start to reverse. Returning to 60,200-63,100 is very good in a short view.
🔹Looking at the news of the BTC Spot ETF attracting a large amount of capitalization to push up the market price, but currently regaining trust from new investors is not as active as before. There will be a possibility of finding a way to push the price up and then release it strongly.
In case you pump too hard, that's it, let's give it another chance. Altcoin has only been bought 30% so I hope not to pump too quickly.
What do you think about Bitcoin's direction this week?
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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