$BITCOIN ๐ Short-term outlook
* ๐ข Bullish signal: BTC has formed a golden cross (50-day MA above 200-day MA), suggesting the broader trend is improving.
* ๐ด Resistance: $82,000โ$82,500 โ a clear breakout could strengthen the bullish move.
* ๐ก Support: Around $77,000, followed by the $70,000โ$72,000 zone.
* โ ๏ธ Risk: Inflation data and expectations for the U.S. Federal Reserveโs next rate decision are creating volatility.
My view: BTC is cautiously bullish above $77K, but I would want to see a strong daily close above $82K before calling it a confirmed breakout. Below $77K, a deeper correction becomes more likely.
#UsCanadaTradeWar #AEROSurges17%In24Hours #IranSaysItCapturedUSUnmannedSubmarine #CopperHitsRecordHighAbove$6.80PerPound
* ๐ข Bullish signal: BTC has formed a golden cross (50-day MA above 200-day MA), suggesting the broader trend is improving.
* ๐ด Resistance: $82,000โ$82,500 โ a clear breakout could strengthen the bullish move.
* ๐ก Support: Around $77,000, followed by the $70,000โ$72,000 zone.
* โ ๏ธ Risk: Inflation data and expectations for the U.S. Federal Reserveโs next rate decision are creating volatility.
My view: BTC is cautiously bullish above $77K, but I would want to see a strong daily close above $82K before calling it a confirmed breakout. Below $77K, a deeper correction becomes more likely.
#UsCanadaTradeWar #AEROSurges17%In24Hours #IranSaysItCapturedUSUnmannedSubmarine #CopperHitsRecordHighAbove$6.80PerPound
