đ„đ„ BTC Fluctuations and Forecast: SHORT RECOVERY 67.5K... Before Possibility of Falling to 59K Area $BTC ????đđ„đ„
đAfter 24 hours of trading, Bitcoin (BTC) has experienced a series of fluctuations from the price range of 64,500 USD up to 66,500 USD. Meanwhile, my short-term trading plan suggests that BTC could experience a technical pullback to a maximum price of $67,500 before continuing a major correction to the $62,000 region. However, what is worth noting is the recovery rhythms of altcoins, showing a positive sign for traders to take advantage of the recovery waves.
đConstancy Against Possible Fall to 59K: Despite short-term fluctuations, I remain steadfast in my view that Bitcoin could fall to the $59,000 price range. This is based on technical analysis as well as comments on market psychology and BTC fundamentals.
đMeanwhile, altcoins are showing a slowdown or stopping in decline, waiting for Bitcoin to fall and BTC Dominance to decrease. This stability could facilitate a large rally of around 10% to 15% for altcoins before they plummet following BTC's correction.
đLong-Term Vision: Although short-term fluctuations can cause anxiety, investors should focus on their long-term vision. Bitcoin is still one of the important financial assets and has the potential to grow strongly in the future.
đConclusion:
In the volatile cryptocurrency market, being consistent with your trading stance and plan is important. At this rate, my advice is to still leave a large short order (if everyone hasn't closed it yet), wait for the rate to recover to 67.5K or 68K, then continue to short to 62K or 63K...
đ„Short $BTC : Entry: now
đ„Tp: 65.000 đ(done)
đ„ City: 59,000
đ„Tp: 52.000 ---> LONG âââ
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