$BTC today‼️
The forecast to open a long position from the $75,000 level yielded a profit of at least 20%. Short-term buying by market participants from the local low pushed the price to my interim target of $77,100.
Today, the price traded actively within a descending channel before breaking out above the upper boundary and retesting it—a classic setup.
ETF outflows resumed today, which isn't exactly a positive signal; however, the geopolitical landscape is currently quiet, avoiding agitation among major market players and easing inflationary pressure.
I expect a significant reduction in ETF outflows today, despite the moderate macroeconomic climate in financial markets and BlackRock transferring Bitcoin and Ethereum to exchanges.
If the bulls manage to hold the price above the upper boundary of the descending trading channel, I will look to open a long position with a profit target of up to 10%!
Wishing everyone profitable trades!
The forecast to open a long position from the $75,000 level yielded a profit of at least 20%. Short-term buying by market participants from the local low pushed the price to my interim target of $77,100.
Today, the price traded actively within a descending channel before breaking out above the upper boundary and retesting it—a classic setup.
ETF outflows resumed today, which isn't exactly a positive signal; however, the geopolitical landscape is currently quiet, avoiding agitation among major market players and easing inflationary pressure.
I expect a significant reduction in ETF outflows today, despite the moderate macroeconomic climate in financial markets and BlackRock transferring Bitcoin and Ethereum to exchanges.
If the bulls manage to hold the price above the upper boundary of the descending trading channel, I will look to open a long position with a profit target of up to 10%!
Wishing everyone profitable trades!
