Btc continuously pumping from that 39k. Now 50k. And there is a Hughes reason for giving the pump. 39k to 50k did not take any good correction. Now Need to take a little correction. Because continuously pumping without taking correction is not a good sign for market. Already generated huge liquidity,ob,imbalance below. Today or tomorrow btc will go down to get these.
👉 Huge long and short opened from 50k so I think long and short both are risky at this time. If btc takes a small correction like 48k and if it sustains there then we can see btc at 52-53k.
👉 Btc movement looks great. Sustaining in one place with pump. This is very good for alts. When btc stabilizes with correction we can see a pump in alts. Now observe the market. Wait for good time.
👉 BTC started facing resistance near the $50,000.The price is expected to retest back into some sort of support zone around $48,500 and lower. Looking at the Daily TF, the price is already at a resistance point, so wait for a healthy or little correction.
🟢 Market Plan : If btc sustain 49400$ - 50300$ area then we can take long and next target 52k. or not sustain this area then wait for little correction like 47500$ - 48500$ area.🚫 CPI Data Today, High Volatility Ahead⚠️
🗣️ Remember 2 lines:1: Don't short the market, when you know it's bull market or bull run is coming....!!2: Never Short Altscoin.
👉 Be patience bros.Now observe the market. wait for good opportunity. Don’t take any position right now.Understand market sentiment then trade
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