#BTC EMERGENCY UPDATE🔴🔴🔴
Hope you can see that in my added photos that #BTC are in a channel as you can see that BTC will touch upper resistance line so main question it will again rejected from upper resitance line or it will break to the upside I will explain everything here read my full post then you will understand
1- I think this channel in longer timeframe it's a bull flag so that I am bull on BTC for longer timeframe I will add a bull flag picture.
2- I have added another picture of USDT DOMINANCE hope you can see that. let me explain shortly how USDT dominance works.( when usdt dominance pump then btc and others crypto goes to the downside. and when usdt dominance bearish then BTC and others crypto are bullish) I can see in usdt dominance created a rising wadge so that it's a bearish pattern. so that BTC is bullish. IF usdt doinance breaks it's dow support line then BOOOOM btc will pump hardly.
so when we will open long ?
I haved open long when BTC was 50k but I will hold my position after a rejection I will close my position Then I will wait for a correction
But I think BTC will break it's resistance then I will hold
But if anyone want to open long I will suggest you
Your entry price will be after breakout- 71000
if you want you can open long but use low leverage I will suggest you to open long after breakout
1st tp- 80000
2nd tp - 99000
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