🚨 Update BTC
Currently, BTC has confirmed the price rejection when it reached the support zone at the peak, the 3 peaks are gradually decreasing and are operating in the ascending triangle model of the Daily frame.
👉 Currently, BTC will operate in a slightly farther amplitude area of 60,500-70,200, the amplitude will gradually narrow next week moving sideways in the 61,600-69,900 border area. This border area is quite large, so those who go to Long Short on both ends should be careful
👉 The support area at 66,300 was also swept last night. But it hasn't been broken yet. The market's rebound reaction when BTC returns to 65,700-66,300 is an area you can press short. There is MA H1-H4-D1 support and the liquidity layer there has also been taken away. Therefore, we also have a basis to scoop the opposite.
👉 This week, the market ran quite fast due to news about the war and direct influence from the approval of SPOT ETH ETF, leading to price pumping before the news and having to release it to the correct value, returning to orbit. just continued to increase. So the adjustment rhythm is definitely there.
The current market is quite positive while still creating opportunities for altcoins to be pumped. I hope that during the week and next week, btc will go sideways, allowing altcoins to fly slightly for a week.
Do you think he will pump it all the time or will he just hang up?
