๐จ$BTC Urgent Update ๐จ
BTC 83k or 78k, what's next?
As you know, we opened a long position on BTC yesterday when the market looked weak and most traders were expecting another dip. We clearly stated that this looked like a liquidity sweep and that BTC still had room for some upside.
Now, BTC has already hit our second target successfully and weโre still holding some positions because I still expect more upward movement from here.
However, at the same time, I want everyone to understand that the medium-term structure still looks bearish to me. Right now, it seems more like a bounce within a larger downtrend, not a full-on bullish reversal yet.
Also, Trump will be visiting China next Thursday, so I expect a dip after that... so before then, we could see a rally.
If you want to open a BTC position now,
follow these settings ๐
Entry: 80,450โ80,650
Stop Loss: 79,400
Targets:
81,100
81,700
82,200
82,600
Remember, thereโs significant supply around 82.5-83k, so donโt forget to take max profits there...
A drop could happen at any moment again...
$ETH and $SOL will revert the Bitcoin price as is
SOLUSDT
Perpetual
93.28
-0.23%
ETHUSDT
Perpetual
2,326.72
+0.4%
BTCUSDT
Perpetual
80,630.1
+0.41%
#BTC #CLARITYActHearingSetforMay14 CFTC&SECStrengthenOversightCollaborationOnPredictionMarkets#BlackRockPlansMoneyMarketFundsforStablecoinUsers #TomLeeonBitMineSlowingETHPurchases #USAdds115kJobs #CathieWoodandCZDiscussAIandStablecoins
BTC 83k or 78k, what's next?
As you know, we opened a long position on BTC yesterday when the market looked weak and most traders were expecting another dip. We clearly stated that this looked like a liquidity sweep and that BTC still had room for some upside.
Now, BTC has already hit our second target successfully and weโre still holding some positions because I still expect more upward movement from here.
However, at the same time, I want everyone to understand that the medium-term structure still looks bearish to me. Right now, it seems more like a bounce within a larger downtrend, not a full-on bullish reversal yet.
Also, Trump will be visiting China next Thursday, so I expect a dip after that... so before then, we could see a rally.
If you want to open a BTC position now,
follow these settings ๐
Entry: 80,450โ80,650
Stop Loss: 79,400
Targets:
81,100
81,700
82,200
82,600
Remember, thereโs significant supply around 82.5-83k, so donโt forget to take max profits there...
A drop could happen at any moment again...
$ETH and $SOL will revert the Bitcoin price as is
SOLUSDT
Perpetual
93.28
-0.23%
ETHUSDT
Perpetual
2,326.72
+0.4%
BTCUSDT
Perpetual
80,630.1
+0.41%
#BTC #CLARITYActHearingSetforMay14 CFTC&SECStrengthenOversightCollaborationOnPredictionMarkets#BlackRockPlansMoneyMarketFundsforStablecoinUsers #TomLeeonBitMineSlowingETHPurchases #USAdds115kJobs #CathieWoodandCZDiscussAIandStablecoins