What's up everyone. Currently $BTC is trading at 70k+ I requested everyone to buy with me when $BTC was at 62k - 63k. So everyone was bearish when the market dumped 17-18% Still people was waiting for 55k, The experienced trader and whales have rebought the $BTC at 60K - 63K level. Now the btc will make new all time high soon & the support zone will be 70K - 72K level. People who was bearish since 63K now they are bearish again at 70K 🤣, Its going full speed towards 74K-75K now. Just the matter of time.... I hope everyone to have a good risk management and trade. #BTC🔥🔥🔥🔥 #bullruns
The best trader Dr. Profit TA #Bitcoin - What's Next 🚩 TA/LCA/Psychological Analysis: In last week's Sunday report, we discussed an anticipated sideways movement in the larger timeframe. As observed, Bitcoin is perfectly moving in this sideways region as mentioned. Some people fail to catch the bigger picture, not realizing that a price fluctuation within a 20% range is quite normal for movements in large market caps, and even beneficial, as BTC is gearing up for its next massive leg up, a leg up that will bring us above 80k and reaching 100k in high speed. In trading terms, we refer to this bullish sideways movement as an accumulation region – a phase where profit-taking money, incoming investment, and undecided money converge, resulting in a consolidation in the mid-term timeframe. As I've mentioned before, this sideways movement is bullish, and we're poised for a significant upward move. What many fail to understand is that Bitcoin just broke through its all-time high (ATH) in the last few weeks and is now slowly building support near the ATH region. People don't realize that this is a process that takes weeks, and I told you we would stay in the region of the Golden Bull for weeks before continuing to rise, entering the super cycle. It's only a matter of time before we see Bitcoin climb above 70k and enter the super cycle after confirmation at 72.5k; people need patience, but most lack precisely this. We need strong support near the current ATH region, and BTC is doing exactly that. Compare it to previous ATH breakouts and observe how BTC behaved; you won't see many changes but a few weeks of sideways movement and building support, and sometimes a 20-30% correction in that region. Regardless, Bitcoin looks very bullish, and we can confidently say that the next leg up is only a matter of time. We have seen selling pressure from Grayscale recently; the weak and paper hands can be found panic-selling according to on-chain data that shows new buyers tend to sell in recent days, while experienced traders and BTC whales have rebought during this correction..