Effects of election and other factors Bitcoin is again gaining momentum. Watch out for a big surprise.
BTC is aiming for $61,500 at this moment and it might make it as its support again. Depending on what might happen if ETF/ Trades continues to buy without the whales market manipulation this might be the signal for $BTC ATH.
However, we are still considering another retest before plunging to ATH. Remember as history made OCTOBER as the month of ATH's.
Currently Fear & Greed index is at Fear-32, bitcoin is gaining momentum but people are unsure what to do. This will be another fator that influences BTCs way.
If, BTC maintains $61,500 and continues to go up and people having less fear and societal factors in favor of BTC we will see the long awaited ATH this October.
But, again watch out for the retest, manage your profile be updated, DYOR and make good use of SL/TP.
Bitcoin continues to go down after Iran & Israel tension lit again. Bitcoin is now rapidly going down and pulling minor coins. Manage your assets properly. If it continues to break down supports we might see BTC at $50,000 - $55,000 before it would recover to a new ATH.
Other than ETFs, Societal factors greatly affects bitcoin whick could make it to the moon or pull it down to ground. So make sure to be updated on whats happening worldwide.
In just 14 hours Bitcoin rapidly dropped from $65,600 down to $63,500 if it continues to go down below it we will expect BTC to go down further to $60,000.
If it goes pass down $66,000 it will go down a bit and we will si sideways.
Hope y'all fine with your assets especially those with Long positions. Time to stop loss or all your fund will empty. Congrats to those who are at Short position from the Peak.
Bitcoin struggled to maintain $65,000 with ETF likely to be uncertain. CORRECTION might be coming down to $58,000 to $61,000.
With TIMELINE of 1HR RSI is down to 50 and MACD crossing over showing sign of downtrend.
We might see $BTC in trend this coming week.
Unless a major event comes to push BTC go up to $70,000 like ETF Consistency and Government accepting BTC, it will continue its correction.
It is high volatil now so it might play on $65,000 unless something good news happens it will go up or nothing good news will come and bad news happens correction will come.
$BTC Struggling to maintain $65,000 and was not able to break through $65,700 so from our previous post its more likely impossible for BTC to reach $66,000 and up.
If BTC continues to go down and breaks down through $64,000 we might see a correction @ $58,000 to $62,000.
Bitcoin is currently at $64,700 If this continues and maintain its price beyond $64,700 this OCTOBER we will see price of Bitcoin @ $66,000 or even higher.
While ETF and other societal factors affects the price of BTC. If it continues the positive news and surge of ETF BTC will rise again.
A quick UP for $BTC . I was able to close my previous position with just a few bucks income, but its okay a profit is a profit. Re-Entry at $64,300 for SELL/ SHORT
10x Leverage
Take Profit at $50,000 to $60,000 Stop Loss at $64,000 to $64,500
Manage your assets properly. Keep in mind a profit is a profit.
What y'all people think about $BTC at the end of this month? Will resurface to $64,000 and continue to go up? or Will it go down further to $50,000sh? #BTC☀ #USDT #PerpetualFutures
VOLATILITY : a tendency to change quickly and unpredictably. price volatility. the volatility of the stock market.-MerriamWeb
Some people are scared of crypto because of its volatility but for some of us who are into cryptocurrency its great for us.
Why? We can play with it and take advantage of the profits that we can earn😆.
We can Short/Long as long as you have some knowledge of its fundamentals. Maybe HODL? Yes! Of Course but play a little but in trading maybe day trader?
Been shorting to BTCUSDT Futures having great profits these past few days.$BTC
Just dont be driven by emotions.
So always DYOR, HODL, TRADE. Be Updated of the recent trends like the Halving of BTC, etc.