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.

đŸ€”-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.

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

đŸ„žBe 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