BTC Update :
2/15/2024 10:38 AM
BTC current Price is $52,000.
BTC go up to $52,000 as predicted in my last post. But somewhere on social apps go bearish before reaching $52,000 due to of some confusion . Now going to predict next movement of $BTC
Just analysed BTC more and get an other chart pattern breakout. (Rising Wedge) In below image you can see that after breakout retest also done. So, we can put our next t.p for BTC at:
1. $53,500
2. $55,000
3. $57,000
We need to consider two more things.
1. In stock market BTC corresponding ETFs are buying in large amount day by day.
2. RSI also showing that BTC in overbought which is bearish sign.
But first point is enough for Pump of BTC. Meanwhile I will use 35% to 50% portfolio for trading untill a dump come. Also recommend you same thing .
Theme of talk:
BTC will go up till our first t.p atleast then a dump to $45,000. I will update you about dump later also. Still we will bullish about BTC so manage your trades accordingly .
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Note: It is my own analysis. Do Your Own Research before investing .
