🐋 $BTC: WHALES QUIETLY ACCUMULATE — WHAT’S THE PLAY? 🚀
On-chain data has just recorded more than 3,500 $BTC (~285M USD) withdrawn from exchanges to cold wallets, reflecting a clear long-term accumulation trend. On the H4 chart, $BTC maintains a solid bullish structure, trading above EMA10 & EMA30 and currently around $80,580.00 (+3.32%). Buying pressure is pushing up against the key resistance at $81,196.01.
Trading strategy: Prioritize LONG positions if $BTC holds firmly above the strong support zone at $75,736.38, or after a successful breakout above $81,196.01 to trigger a new upward wave. Conversely, consider a SHORT position only if the price breaks below the $75,736.38 support. Disciplined risk management always comes first!
What’s the most noteworthy thing about $BTC this week? Share your thoughts!
#BinanceSquare #BTC #Crypto
(Personal opinion, not investment advice — DYOR)
On-chain data has just recorded more than 3,500 $BTC (~285M USD) withdrawn from exchanges to cold wallets, reflecting a clear long-term accumulation trend. On the H4 chart, $BTC maintains a solid bullish structure, trading above EMA10 & EMA30 and currently around $80,580.00 (+3.32%). Buying pressure is pushing up against the key resistance at $81,196.01.
Trading strategy: Prioritize LONG positions if $BTC holds firmly above the strong support zone at $75,736.38, or after a successful breakout above $81,196.01 to trigger a new upward wave. Conversely, consider a SHORT position only if the price breaks below the $75,736.38 support. Disciplined risk management always comes first!
What’s the most noteworthy thing about $BTC this week? Share your thoughts!
#BinanceSquare #BTC #Crypto
(Personal opinion, not investment advice — DYOR)
