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$BTC at $70,000 is still a possibility. However, the rally towards this attractive target has quickly stalled, after a wave of intense optimism from the crowd yesterday.
According to data from @santimentfeed, the bottom formation at the price range of $50,000 to $59,000 is attracting a lot of attention on social media platforms. Meanwhile, the price range of $70,000 to $79,000 is also the focus of discussion in the Bitcoin community.
It is important to remember that the cryptocurrency market is always unpredictable and can go against the expectations of the majority of investors. Therefore, brothers, be confident in thinking independently, do not let yourself be caught in the trap of "herd thinking." Don't forget that what sounds reasonable and is being welcomed by investors may not be the right path.
Always keep a cool head and don't lose your personal judgment. In a world as volatile as cryptocurrencies, equipping yourself with knowledge and sobriety is essential to be able to deal with the upcoming fluctuations.
šdetailed market commentary zl (#0364 -#722 -#340 )
#btc70k #binacen
According to data from @santimentfeed, the bottom formation at the price range of $50,000 to $59,000 is attracting a lot of attention on social media platforms. Meanwhile, the price range of $70,000 to $79,000 is also the focus of discussion in the Bitcoin community.
It is important to remember that the cryptocurrency market is always unpredictable and can go against the expectations of the majority of investors. Therefore, brothers, be confident in thinking independently, do not let yourself be caught in the trap of "herd thinking." Don't forget that what sounds reasonable and is being welcomed by investors may not be the right path.
Always keep a cool head and don't lose your personal judgment. In a world as volatile as cryptocurrencies, equipping yourself with knowledge and sobriety is essential to be able to deal with the upcoming fluctuations.
šdetailed market commentary zl (#0364 -#722 -#340 )
#btc70k #binacen
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BTC 10/16/2024:
- Yesterday, BTC recorded an impressive growth reaching 68k. This is also the trendline area, so ACE should be patient and monitor the developments.
- With the daily candle closing force quite positive, the target of 69k -> 72k is still feasible.
- During this period, if anyone wants to participate in long trading, they need to wait for BTC to break the 68k trendline area!
Z/L #0364 #722 #340
Wishing ACE a successful new day!
- Yesterday, BTC recorded an impressive growth reaching 68k. This is also the trendline area, so ACE should be patient and monitor the developments.
- With the daily candle closing force quite positive, the target of 69k -> 72k is still feasible.
- During this period, if anyone wants to participate in long trading, they need to wait for BTC to break the 68k trendline area!
Z/L #0364 #722 #340
Wishing ACE a successful new day!
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