🔵 My Analysis on $BTC
Using the Fibonacci model on a daily time frame, I expect $BTC to experience a 15% correction before continuing its uptrend. Here are the details:
$BTC Projection: Correction and Next Move
1️⃣ Expected Correction:
• From its current price (~$90,633), a 15% pullback could take $BTC to the $77,000 zone.
• Reason: The market does not move in a straight line. Corrections and pullbacks are a natural part of a healthy cycle before new impulses.
2️⃣ Bullish projection after the event:
• Once the $77,000 region is reached, I expect a significant bullish move towards $110,000.
• This would represent an increase of more than 42% from the correction zone.
Strategy for Futures Traders
If you decide to trade futures, consider the following strategies:
First Phase: Short Trade
• Current price: ~$90,633.
• Recommended leverage: 5x (with caution).
• Target: Close position at $77,000 to take advantage of the 15% correction.
• Stop loss: Make sure to place a stop loss above your entry to manage the risk if the market does not follow this pattern.
Second Phase: Long Trade
• Entry Zone: Buy in the $77,000 region.
• Recommended leverage: 3x.
• Goal: Hold position up to $110,000.
• Risk: This move depends on price respecting the expected support zone at $77,000.
⚠️ Disclaimer:
This analysis is educational and based on tools such as Fibonacci. Cryptocurrency markets are highly volatile and risky. Please do your own research, use proper risk management and never invest more than you are willing to lose.