CFM GROUP (VN), [28 Feb 2024 at 10:20:47 (28 Feb 2024 at 10:23:13)]:
🚨**#BTCis showing a strong breakout through the previous resistance level of $51,000 - $53,000, with a sharp increase in buying volume of over 76,000 BTC across all current exchanges in just 2 days.

🤔-However, currently, according to technical analysis and greed & fear indicators,#BTCprice is facing strong resistance on the W timeframe, ranging from $58,000 - $61,000.

🧐Therefore, the possibility of FOMO and excitement among investors is running high, and it is important to pay attention to taking profits instead of buying at this point.

😄-BTC could undergo a correction to find more opportunities and momentum to break out past the current level of $60,000.

🤔If so, it is likely that Alcoins will experience a sharp increase as money flows back to Alcoins, increasing trading volume.

🥸Be careful before choosing any Alcoins at this time! The team's current pricing strategy is to take profits from purchased positions at prices as low as $39,000 - $42,000, achieving over 30% growth in the past month.

👉The remaining strategy is to continue to hold and wait until there is a reasonable correction before considering buying more.

#BTC‬

#alcoin

#Write2Earn‬

By John Capital Trading View