đšđš Small but Crucial Update on $BTC đđ„
Just a quick update for everyone! Weâve been emphasizing the importance of the 100MA, and right now, Bitcoinâs 100MA is sitting at $60,900. If $BTC closes above this level on the daily timeframe and holds it well, we could see another bullish wave. đ This wave could potentially take Bitcoin to $65,100, $66,700, and even $68,500. (Though the chances are slim, itâs worth sharing since the possibility exists.)
Strategy Moving Forward đ
Regardless of how high Bitcoin climbs from here, my strategy remains the same: Short Bitcoin every $1,500 upward. This movement still feels like a fakeout, and we are 90% confident that Bitcoin will drop back down to give us a wick in the $46,400 - $47,800 range. Mark my words, this retracement is coming! â ïž
BTC Dominance đđ
Speaking of Bitcoin Dominance, we're currently forming a rising wedge, which is a bearish pattern. We may soon see a breakdown, signaling that a bull run in altcoins is about to begin. đ„đš
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