📈 $BTC Update + Market Update

GM friends! Here's the latest market update and my plan for the next few days, including key upcoming events.

$BTC T.A Update:

$BTC is retesting the Bullish pennet. A successful consolidation above $70,000 for the daily close would be bullish. However, with the Halving Event looming, anything can happen. (photo attached)

$BTC On-chain Update:

Yesterday, nearly $300M worth of $BTC left CEXs, causing a minor correction. Over the past 4 hours, approximately $70M $BTC moved out from exchanges. (3 in 1 photo attached)

$BTC Sentimental Update:

Sentiment for $BTC is currently neutral. We'll buy from the bearish crowd and sell to the bullish. Interested in $BTC Scalping Strat based on Sentimental? Let me know!

(3 in 1 photo attached)

Fear and Greed Index:

We're in an Extreme Greed phase. Hold previous positions, avoid leverage, and refrain from entering new positions during greed. I've shared 15+ setups, all currently in profit. I'm only interested in $ETH positions at this time.

(3 in 1 photo attached)

$BTC Key Events:

In the next 10 days, two major events will impact the market:

CPI Report on 10-4-2024$BTC Halving

CPI data below 3.4% would be bullish; above 3.4% bearish. Halving occurs every 4 years, reducing miner rewards. Historically, we've seen a pre-halving crash, but ETF demand may prevent it this time.(photo attached)

Triggers in $BTC and $ETH:

For $BTC, consider scalp longs at $68,600 and $66,600 after confirming levels.

For $ETH, look for entry between $3410-$3490. Extreme greed signals caution; hold positions tightly with safest breakeven.

(photo attached)

Let profits run! 🚀

#CryptoUpdate #BTCAnalysis #MarketInsights #HalvingEvent #ProfitStrategies