🔥 $BTC Next Stop 70,500 🔥Want to now why ? Ok, read below given post for full detail
Alhamdulillah , as predicted price of BTC bounced from $63,500 area >> Pumped >> and then again drop grab longs s.l show bearishness in market and pumped . We expected drop to $63,200 maximum but a wick in 4H TF created till $62,240. $900 more then our expectations . We will try to cover such uncertainty in upcoming analysis In Sha Allah and try to improve it.
Note: I will share what we will do with our portfolio . Manage your portfolio according to your self. #DYOR* . Read full post to understand better .
Now let's discuss what is next move? Next movement of #BTC☀ is in upward direction with t.p:
1. 66,600
2. 70,500
As if you follow us from few days you know we have already bought alts yesterday at $63,500 area. So, we will hold them untill we see a bearish movement in BTC between 10-15% or plus. Also recommend you to hold untill drop a message to sell completely . Now let's discuss why #BTC500K move upward not downward ? The reason is that BTC break rising wedge people become bearish and Market will definitely Move upward . Also we have support at 63K area which they also manipulate in 1H TF and now moving in upward direction . Firstly we will see first resistance around 66,600 area and may see a small correction till 65,500 area and then it will Move toward our second t.p $70,500.
Note: We will hold these entries as it is looking like last Entry bcz market reacting too quickly with in day not week. so we decided to hold them these given t.p are used to indicate market direction not Final t.p. May we go toward 80 or 85k with current entries . so, don't sell all at given t.p. At that time just look at t.p we will inform if any bad situation created and we will sell at given t.p otherwise don't sell.
Here are some more details why we are Bullish :
1. Black rock is continuesly buying .
2. Microstrategy is going to buy more BTC of worth $2B.
Follow #MU_Traders for more updates . Like post if you think it deserves .
