$BTC Very High Risk Trade Long Entry 59200 - 58500 SL | CryptoTrader101 on Binance Square

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Bullish

$BTC 
Very High Risk Trade
Long
Entry  59200 - 58500 
SL - 57648
TP1 - 59800
TP2 - 60200
TP3 - 60800
TP4 - 61100
Enter at your own risk, do your own research #DYOR #NFA    
Decide yourself whether to move your SL to entry or profit as price increases.
Risk only what you can afford to lose. 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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$BTC With the expected Fed rate cuts approaching, market has been performing rather cautiously. Unless we see a convincing breakout above 62k in the coming few days until the rate cuts (if any) are announced on the 18th September, we should not be expecting any big pumps in the near future. Considering many are expecting 0.25% rate cut and with many more expecting 0.5%, the cautious approach by the market players seems rather driven by concerns about recession and slowing down of the US and the global economy as a whole. Although 0.5% rate cut would be encouraging for many, it would also signal a panic move from the Fed against saving the economy from falling into recession. I personally am being as cautious and not expecting the market to recover soon unless there is an exceptionally larger than expected rate cut. Let's not be over optimistic, and let's not fall into another trap, as there do not seem to be many factors encouraging BTC to make another move towards the ATH in the coming few months. This is not a financial advice, and please do your own research before making any investment in the market. Stay safe and do not FOMO. #NFA #DYOR #FedRateCut #FOMC

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$BTC is lately behaving like a gf who breaks up with her bf and regrets it, and then tries to patch things up but then the bf doesn't want to, and then she gives up. Then the next morning she is back trying to convince him to take her back, the bf agrees, but then after a week the gf starts having issues with everything, then the bf leaves her, but she can't accept it and never moves on. Best of luck everyone, manage your risk, use stop loss, and don't get all your capital chopped up!

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$BTC 📢 Large scale Liquidations Alert 📢 With lower than expected CPI data, it seems that the downtrend that started due to pullback few days ago, has been clearly broken and we have seen BTC back above 69k. However with FOMC around the corner and huge interest shown by the US Legislators in support of rate cut, if a rate cut is announced today, we can very well see BTC breaking through the ATH. Be careful with your positions, manage your risks, avoid very high leverages. An interest rate cut today could kick start a huge recovery of uptrend in crypto. Let's hope for the best!! This is not a financial or investment advice, do your own research and don't rely on others opinions for making investment decisions. #NFA #LiquidationAlert #pumpiscoming

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$BTC With ETFs bringing in net inflows and adding to the buy pressure, BTC still looms around 69800 and is attempting to reclaim 70k. Healthy buying activity today has pushed the price above 69500, and from the looks of it, BTC might reclaim 70k. However, only a reclaim of 71200 and a confirmed support at 70k could be termed as a confirmation of a further bullish movements. This week is a very important week for BTC and for the crypto market, we are likely to see a substantial move in either direction, but a bullish reclaim of 72k and a challenge to the current ATH of above 73800 seems more likely keeping in view, an increased interest from the investors. This is not a financial advice, do your own research before investing. #btc73k #BullRunAhead

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$BTC As expected, the last pullback could be attributed to the increasing FUD at the higher price levels. However, the questions that need to be asked are whether BTC would be able to recover? and whether we could see more of such flash dumps in the near future while BTC attempts to make new ATH? The recovery I believe has already begun and if BTC crossed above 71k, it would be a good sign of bullish sentiment. For now, we have seen 69200 confirmed as a good support, which has given a push above 69500. As far as such flash dumps occuring in future is concerned, their liklihood cannot be denied. FUD increases as BTC starts trading over 71-72k, it puts traders in a difficult position where they are afraid that if they buy BTC at such high levels there is a chance that their capital could be stuck for years until they are able to sell it in profit. Having said that, the more attempts we make at the higher levels, the more confidence it will give to the buyers to purchase. Right now we have somewhat of a balance of FUD vs FOMO at 69-71k. Once FOMO takes over, prices would be pushed higher and higher, then we will more likely see flash pumps. This is not an investment advice, you should rely on your own research while investing. I take no responsibility of loss incurred to the readers. #BTC #corrections #FOMO #FUD

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