$BTC Hey crypto enthusiasts! 👀 Remember when I opened that Bitcoin long a few days ago? 🤑 Well, it looks like it was a good call! Bitcoin is back to its all-time high of 108k, and it's showing no signs of slowing down! 🚀
Why did I go long? 🤔
* After retesting the 102k support level, Bitcoin showed strong bullish momentum on the weekly, daily, and 4-hour timeframes. 📈
My Targets? 🎯
* First Target: $105,800, the previous high.
* Second Target: $108,000, aiming to break the all-time high! 🚀
A Bit of Caution... ⚠️
I did decide to close my position early as I noticed the 4-hour candle failed to close above the prior weekly resistance. This could be a sign of a potential correction before another push higher.
Will I Re-enter? 🤔
I'm keeping a close eye on the market and might re-enter my long position if I see another good entry opportunity.
What do you think? 🤔 Is Bitcoin ready to break through its all-time high? 🚀 Let us know in the comments!
#Bitcoin #BTC #Crypto #Trading #LongPosition #Binance
Disclaimer: This is not financial advice. Do your own research and invest responsibly.