$BTC today‼️
The bulls made a solid attempt to break the resistance level at $85,200—a move that yielded at least a 10% profit if you followed my trading forecasts. That 10% return marks this as one of the most successful strategies in my arsenal. (Not financial advice.) The trading channel is proving effective. The price bounced precisely off the upper boundary. By the way, I’m also seeing profits on spot holdings of $POL (bought below $0.10) and $SOL (which hit $122).
A price correction toward the channel's median line actually signals bullish weakness:
ETF inflows have dropped significantly;
the Coinbase Bitcoin Premium Index is showing negative values;
attacks on centralized exchanges are slowing capital inflows.
I also wouldn't rule out "spoofing" by major players.
However, these conditions favor short trades, which are worth considering during the trading day.
For sustained growth, I’d like to see the price hit $82,200 (the bearish target), where I would open a large long position.
Alternatively, I’d look for the price to stabilize above $84,400. Given current market indecision, the price would likely move sideways before breaking out of the current pattern.
Wishing everyone profitable trades💰💪
The bulls made a solid attempt to break the resistance level at $85,200—a move that yielded at least a 10% profit if you followed my trading forecasts. That 10% return marks this as one of the most successful strategies in my arsenal. (Not financial advice.) The trading channel is proving effective. The price bounced precisely off the upper boundary. By the way, I’m also seeing profits on spot holdings of $POL (bought below $0.10) and $SOL (which hit $122).
A price correction toward the channel's median line actually signals bullish weakness:
ETF inflows have dropped significantly;
the Coinbase Bitcoin Premium Index is showing negative values;
attacks on centralized exchanges are slowing capital inflows.
I also wouldn't rule out "spoofing" by major players.
However, these conditions favor short trades, which are worth considering during the trading day.
For sustained growth, I’d like to see the price hit $82,200 (the bearish target), where I would open a large long position.
Alternatively, I’d look for the price to stabilize above $84,400. Given current market indecision, the price would likely move sideways before breaking out of the current pattern.
Wishing everyone profitable trades💰💪
