I expect a pump in Bitcoin and some other markets following today’s CPI report. However, there’s no need to rush — this is more suitable for scalping trades.
For Bitcoin to reach $103K, it needs to break the strong resistance at $94K, which looks likely. That said, high volatility is expected today, so caution is advised .$BTC
I expect a pump in Bitcoin and some other markets following today’s CPI report. However, there’s no need to rush — this is more suitable for scalping trades.
For Bitcoin to reach $103K, it needs to break the strong resistance at $94K, which looks likely. That said, high volatility is expected today, so caution is advised .$BTC
The analysis provided for the BTCUSDT pair is as follows: • Current Price: $112910.0000 (Source: Bybit) • Overall Trend: Bearish • Support Levels: ◦ Level 1: $112125.3333 ◦ Level 2: $11339.9667 ◦ Level 3: $10951.0333 • Resistance Levels: ◦ Level 1: $113659.6333 ◦ Level 2: $11408.5667 ◦ Level 3: $115193.9333 • Technical Indicators: ◦ RSI (14): 42.13 (Normal status) ◦ SMA (20): $11380.6750 (Price below moving average) • Candlestick Patterns: No specific pattern found This analysis is solely a personal decision-making tool and should not be considered financial advice or an invitation to trade. Please make decisions based on your own market analysis and risk management. This tool is for public use, and everyone will be able to use it soon.
💡 Management Strategy: • Position Size: 1-2% of portfolio • Exit Strategy: 30% at TP1, 40% at TP2, 30% at TP3 • Move SL to breakeven after TP1 hit • Follow strict risk management rules • Monitor market conditions