Greetings, traders! Let's discuss the current situation in the bitcoin market.
Bullish divergences on the bitcoin chart. This can be an interesting signal for a long, especially on small time frames.
It is important to remember that there is always risk when trading volatile assets such as cryptocurrencies, and the strategy must be carefully considered. For example, your long with targets around 26500 is a local scenario and can be profitable, but be sure to consider stop-loss levels for risk management.
Globally, the bitcoin market is still in a state of correction, and targets in the 24000-23000 zone are reasonable levels to expect. However, the market can be unpredictable, and it is important to monitor changes in the situation and market reactions to key levels and news.
With all that said, your caution and strict adherence to risk management will be key elements of success in this trade. Good luck with your trades and successful analysis! 📈🚀$BTC #BTC #CryptoTrading