🐂$BTC Bull Market, Always go with the Trend📈
💹This is good for all Altcoins because Cryptos like to follow the biggest Crypto's Trend and that's Bitcoin for now with the Highest Market capitalization of all Cryptos, on this chart it's clearly visible that we are in a Bull Market and unsurprisingly Bulls very likely win in a Bull Market and bears get margin called at the highest point.
📈I will be Bullish until the Bullish Major Trend reverses and for this to happen, Bitcoin would need to go under 62'000$, which would indicate the beginning of a bear market, shorting is something I would always be careful with in Bull Markets because it's always the ones who get margin called who are forced to buy at the highest point of Bitcoin with a loss, they're forced to buy back at the highest point because they have to pay back the debt/bitcoins that they have taken🏦
⚠️I don't recommend Margin trading at all and you will probably lose all your money if you do Margin trading sooner or later⚠️
#BTCAlert #Bullish #TechnicalAnalysis #btcupdates2024 #pump $ETH $BNB 📈🚀🌕
⬆️Follow, Like and Share for more posts and updates✅
LIVE📈We're still in a Bull Market🐂
The $BTC Support at 65'000$ on the major trendline is Very Strong, it looks more like we are going to get the Dead Cat bounce scenario, I don't recommend Margin trading at all and you will probably lose all your money if you do Margin trading sooner or later, but yes I did expect that this could happen and that Bitcoin would go to the 65'000$ range, if Bitcoin goes under 62'000$ that's bearish and could indicate the beginning of a bear market but let's see what is going to happen, already a lot of people got margin called at 65'000$, institutional traders bought there and we're still in a Bull Market, so there's no need for panic unless the price goes under 62'000$📊
#BTCAlert #Bullish #TechnicalAnalysis #btcupdates2024 #pump $ETH $BNB 📈🚀🌕
⬆️Follow, Like and Share for more posts and updates✅
