The data tells an interesting story. Bitcoin 1D 👀.
A few days ago, I shared that the downward trend of about 320 days had broken to the upside, and afterward it showed a big rise of around 20% within 6 days ($BTC 5). So, with a successful analysis, we managed to catch the big move before it happened.
So what happens next?
My short-term outlook is that there will be a small relief up to around $74k, followed by a quick continuation of the upward move.
Risk management remains paramount in current range conditions.
#Bitcoin #MarketUpdate #BinanceSquare
A few days ago, I shared that the downward trend of about 320 days had broken to the upside, and afterward it showed a big rise of around 20% within 6 days ($BTC 5). So, with a successful analysis, we managed to catch the big move before it happened.
So what happens next?
My short-term outlook is that there will be a small relief up to around $74k, followed by a quick continuation of the upward move.
Risk management remains paramount in current range conditions.
#Bitcoin #MarketUpdate #BinanceSquare
