LIVE📈📉 BTC Update 📈📉 Is $72k Next?
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1. BTC appears to be holding its support line on shorter timeframes, suggesting potential for a bullish move towards the upper line. Check the attached photos for technical analysis.
2. Strong support for BTC lies between $60k and $61.5k.
3. Bullish momentum continues as BTC maintains support along the EMA ribbon in the daily timeframe.
4. Observing the USDT dominance chart, a retest seems imminent. A break below support suggests bearish sentiment, potentially driving more capital into BTC and altcoins.
My entry price: $64k
1st Take Profit (TP): $70k
2nd TP: $72k
Stop Loss (SL): $60k
Leverage: 10x
It's important to note that trading cryptocurrencies, especially with leverage, carries a high level of risk. Make sure you're using risk management strategies and only trade with funds you can afford to lose. Additionally, always do your own research before following any trading signals.
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