Guys, here is my take on BTC on the weekly chart ❗❗
As you all know, $BTC surprised everyone with a massive pump, with no major news behind it, running straight up to $82,000 before stalling 🔥 It then pulled back slightly, turned $75,000 into support, pumped again, and stalled at $88,000 👊🏻🔥
But every massive pump is followed by a pullback, and that is completely normal. BTC is now in a deeper pullback, yet it is still holding the $75,000 support. My view is clear: this is only a pullback, and BTC can surprise everyone again with another massive green candle. Alongside the $75,000 support, there is also a large weekly Fair Value Gap. Price may wick into the first FVG and then push higher.
As you know, $ETH , $SOL, $XRP , and $ZEC all follow BTC, so when BTC pumps strongly, these coins will almost certainly move up with it.
That is why I may start building small, gradual positions in all of them.
Not financial advice. DYOR before taking long positions in these coins ❗👊🏻
#BrazilVirtualAssetLicenseDeadlineDrawsAbout40Firms
#BTCPayServerUrgesOperatorsToShutDownInstances
#BinanceUpdatesProofofReservesAddresses
#StudyFindsCircleAIAgentWalletLimitsCanBeBypassed
#BTC
As you all know, $BTC surprised everyone with a massive pump, with no major news behind it, running straight up to $82,000 before stalling 🔥 It then pulled back slightly, turned $75,000 into support, pumped again, and stalled at $88,000 👊🏻🔥
But every massive pump is followed by a pullback, and that is completely normal. BTC is now in a deeper pullback, yet it is still holding the $75,000 support. My view is clear: this is only a pullback, and BTC can surprise everyone again with another massive green candle. Alongside the $75,000 support, there is also a large weekly Fair Value Gap. Price may wick into the first FVG and then push higher.
As you know, $ETH , $SOL, $XRP , and $ZEC all follow BTC, so when BTC pumps strongly, these coins will almost certainly move up with it.
That is why I may start building small, gradual positions in all of them.
Not financial advice. DYOR before taking long positions in these coins ❗👊🏻
#BrazilVirtualAssetLicenseDeadlineDrawsAbout40Firms
#BTCPayServerUrgesOperatorsToShutDownInstances
#BinanceUpdatesProofofReservesAddresses
#StudyFindsCircleAIAgentWalletLimitsCanBeBypassed
#BTC
