Good morning ☕️ Bitcoin Bull Flag on the 1-hour chart, targe | MihaiDaniel en Binance Square

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Good morning ☕️Bitcoin Bull Flag on the 1-hour chart, target $99,500, invalidation below $97,000 🍀

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BTC

97.781,11

-0.48%

290

0

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On Altcoins there is mega panic at every correction of Bitcoin and we are talking about micro corrections, we have nothing to do, we take things as they are. Don't panic, it's just the end of the week, a slightly more hectic day, if we close the week above $93,000, Bitcoin history will be written!

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Altcoins go bearish mode very quickly, after a masive pump for bitcoin a small correction is expected, also a short squeeze can follow fast

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“Feeling like you’re having a bad day? Just remember, Laszlo Hanyecz once traded 10,000 $BTC for two pizzas. That’s a casual $990 million in missed profits. 🤑 Imagine explaining that to someone: ‘Yeah, I could’ve been a billionaire, but… pepperoni, bro.’ 🍕 Moral of the story: Think twice before you trade your crypto for carbs. Unless it’s garlic bread. Garlic bread is always worth it.”

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Bitcoin did not break below 97.000$ and this is good sign , we have a resistance above 99.300$ which can validate the bull flag with a target of 108.000$ if we break it. Bitcoin dominance is cooling down wich is a good sign for Altcoins

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If bitcoin does not drop below $97,300, it will most likely soon return above $99,000, beware the market can become volatile, even very volatile!

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