๐ BTC has surged strongly over the last 60 days, but now the interesting part is coming.
It moved out of the US$60Kโ65K zone and surpassed US$87K, along with strong capital inflows into Bitcoin ETFs.
Now Iโm watching 3 scenarios:
๐ Breaks above US$87K: the bullish momentum could continue.
โ๏ธ Trades between US$80Kโ87K: consolidation after a strong rally.
๐ Loses US$80Kโ82K: it would increase the possibility of a correction.
More than trying to guess the next price, Iโm tracking ETF flows, volume, and support levels to understand where the market might move.
What do you expect from BTC in October? ๐
#Bitcoin $BTC #Trading #StrategyStriveAdd2305BitcoinThisWeek
It moved out of the US$60Kโ65K zone and surpassed US$87K, along with strong capital inflows into Bitcoin ETFs.
Now Iโm watching 3 scenarios:
๐ Breaks above US$87K: the bullish momentum could continue.
โ๏ธ Trades between US$80Kโ87K: consolidation after a strong rally.
๐ Loses US$80Kโ82K: it would increase the possibility of a correction.
More than trying to guess the next price, Iโm tracking ETF flows, volume, and support levels to understand where the market might move.
What do you expect from BTC in October? ๐
#Bitcoin $BTC #Trading #StrategyStriveAdd2305BitcoinThisWeek