$BTC the BTC market today will be bearish, it's most likely | Yencor on Binance Square

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Bearish

$BTC  the BTC market today will be bearish, it's most likely going to do a retest of the 57700 zone that was broken yesterday.

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$BTC BTC will be bullish today because the BTC market has successfully retraced to retest the 57700 zone and bounce off, so the upward move will resume

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BTC DUMPING OR MARKET CORRECTION? Every market moves in a zigzag manner, no market moves in a straight line, so what we are witnessing is not a market dump or crash it's a market correction, a very serious liquidity sweep taking place before a major move upward. From my technical desk, with BTC breaking below the 54k zone, that's a CHOCH, signaling a temporary shift from the bullish trend to a bearish short term trend. there will be a retest of this zone anyway, and if the market fails to break back in then BTC will fall to the 27k zone as seen in this 3 month chart. the market might remain bearish for the rest of this year, unless the market succeed in breaking back in, above the 56k zone. everyone DYOR, subscribe for more update

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#Write2Eam BTC which way? I just closed my BTC short, I am not comfortable with the fact that BTC is consolidating, so I have taken a small loss for the now, to stand aside and observe which way the market will break out to. if the market break out downward I will sell if the market break out upward I will stay away from BTC. there is a high tendency for a false break out upward. pls DYOR. this is not an investment advice

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#Write2Earn #BTC #TrendingTopic BTC Having hit 60k zone what next? I just short BTC, target 43,000 Duration 30 days, DYOR, this is not an investment advice, pls let your research guide your investment decision.

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#Write2Earn #BTC #TrendingTopic BTC Which Way? Pump or Dump? Part 9 ( if you missed Pt 1,2,3,4,5,6,7,& 8 check it out and read it). I forecasted that BTC will hit the 60k zone on or before March 31st, 2024. in my previous post when most traders were bearish and shorting BTC, but due to the long period of consolidation, some of my followers un-followed me, thinking my forecast was wrong, now we are there in the 60k (58-62)k zone. From my technical analysis desk, BTC will dump anytime beginning from tomorrow Thursday to Saturday this week. So I suggest profit taking today Wednesday, however, DYOR. BTC will dump and break the 50500 support zone and the overall retracement might hit the (32-27)k zone. before resuming the upward trend. My stance: BTC will dump in the Month of March and will break the 50500 support zone and the overall retracement might hit the (32-27)k zone. Possible BTC move beginning from tomorrow Thursday. One long daily candle might stretch from today's daily close to 50500 tomorrow Thursday or Friday or Saturday . This week candle will close as a bearish candle. This is not an investment advice, pls DYOR and let your research guide your investment decision.

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