🚨 Market Update: $BTC Looking Bullish 🚨
Guys the explanations are very simple for next week as #BTC broke the downtrend a few days ago, we have seen the market getting heated & we are very close to the market recovery we all have been waiting for. Let me explain what is expected for next week🥂
✨ BTC Price Action ✨
Hovering around the $67K area BTC is waiting for the spark that would send it along with the crypto market to new All Time Highs. But there is a catch, in order for BTC to start pumping up, we need to see it break the upper resistance level at $68.6K to $68.8K. This won't be easy but it is attainable.
My expectations is that BTC will try to break the above resistance multiple times in the coming week and if it succeeds to do so, then we should be seeing the whole market pump hard.
🌿 Altcoins 🌿
We have seen yesterday a couple of coins preforming very well as the top winner was $TRB +15.3% while $BONK also increased +11.5% and we should see memecoins and AI projects pump next week.
🔥 Futures Trading 🔥
Expect some volatility today and tomorrow until the BTC SPOT ETF market opens and be careful with your Sell Positions as the market might increase suddenly.
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