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CRYPTO MECHANIC
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Although the
$BTC
Weekly chart is still within the range but imagine if it's Distribution 🧐
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CRYPTO MECHANIC
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If this marks a Weekly lower high, Things can get pretty ugly in coming weeks.
A weekly candle close below $67600 will be a bad sign imo
$BTC
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$BTC update Bounced from the range lows. weekly close like this or above $60k means the weekly chart is still fine and trading within the range. i do not see a reason to call for prices lower than $59k based on weekly chart.
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How much percentage of profit do you target every month based on your portfolio ? Or you don't target anything ?
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Gm 🫡
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Getting multiple comments on people asking me will $BTC Go up or not? Well technically Bitcoin is sitting around range lows/support and psychological number $60k. i posted bearish charts at $67k but I'm not barish around this support level. As long as price is holding above the $59k zone. Bulls can still expect a bounce from btc. made multiple high timeframe posts on #BTC you can see it on my profile. I'll make another detailed post on Monday after weekly close. it's the weekend now and I don't like to trade on weekends.
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I think this weekend's price action is going to be really important . $BTC is trading slightly above $60k. Bulls need to step in around this zone or things can get ugly in coming weeks. I already shared a detailed article on it.
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