⚠️⚠️⚠️ $BTC can drop to $66,850. Here is why?
First of all Alhamdulillah as predicted yesterday price of #BTC☀ exactly hit 🎯 $68,200 which was our second t.p. For proofs you can check below mentioned post.
So, let's discuss what is next. It is looking that BTC may retrace till $66,850 level ( trend line support ) and bounce back toward our third t.p:
3. $69,900
Also note $69,900 is area not exact point so we will consider ±1% uncertainty in it. Already described why we are considering a dump from their in yesterday analysis you can read it. But must read this post fully first to understand better. Here is how I am going to manage my portfolio .
As all of you know who followed me from long time that we are holding 20% alts portfolio in every situation and playing with 80% in short term. Right now we bought 50% alts at 64K level. 20% sold at $68,200 level ( 2nd t.p ). 30% pending buying order at 62,900 level. 30% holding right now for trading. I planned personally to sell these 4
30% at 3rd t.p ( $69,900 ). After selling at 3rd t.p we will have 80% free usdt again. I will buy them at lower prices again after analyzing market. I will share it with you later how and at what price I will use these 80% free usdt. Add one more thing here that we will add 20% at $66,850 retracement that we sold at 68,200.
Theme Of Talk: BTC can retrace till $66,850 and then our 3rd t.p ($69,900) is next move.
Note: Complete 100 likes on this post for next market update. #Dyor2024 because I shared my own way of investing . Follow @MU_Traders for more analysis.
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