DEEP $BTC ANALYSIS:
Here is everything you need to know about BTC!
$BTC/USDTđ
(WEEKLY ANALYSIS "4 yrs" )
We saw $BTC hitting ATH this year without any major correction until now! But when will this correction end?
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I have Analyzed the market structure for past 3 years and I have found smth useful enough to predict the next move.
In 2021, BTC started dumping from 2nd week of April --- 2nd week of June
In 2021, BTC started dumping from Last week of March--- 2nd week of June
In 2022, BTC started dumping from 2nd week of April -- 1st week of June
In 2023, BTC started dumping from 3rd week of April -- 2nd Week of June
In 2024, we started dumping again but from 11th March and I think it will end till Mid june.
I have drawn a trendline too, which served as a support in 2021. I expect $BTC to touch it again for a healthy move up at approx 57.6k .
This is not a guaranteed move, but I am sure BTC won't dump more below that area.âïž
Due to the ongoing market correction, we recommend limiting your trading strategy to scalp trading for the time being, as attempting swing trades could adversely affect your portfolio under current volatile conditions.
Please set a modest daily earnings goal and strictly adhere to it. It's also crucial to avoid overtrading until the market stabilizes. This disciplined approach will help you navigate the market more safely during this turbulent phase.
Stay cautious, and trade wisely!
Regrads,
