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Read below mentioned post and plan your trades.

Read below mentioned post and plan your trades.

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BTC Update:

Date: 29/03/2024

Alhamdulillah , moved exactly with #BTC🔥🔥🔥🔥 from 61k to 71k. But again predicted from 70k to 73,500 and now we are changing our decision due to of some factors which I will discuss below.

Current Price of BTC: $70,000

Technically we are going bearish due to of two reasons.

1. Rising Wedge:

As you can see in below provided chart a rising Wedge pattern is forming which is bearish pattern. Breakdown also done. We will see soon a dump to below targets:

1. $67,000

2. $64,700

3. $62,000

I will wait for these targets for my next buying . Today booked 7% Loss just for buying low. Note: This loss is after almost 3 months 😃😃😃😃.

2. Double Top:

You can see in 4 H time frame Double top pattern is also forming which is also a bearish sign 🛑. So, we will go for a ove given targets.

Note: It is my personal point of view. #DYOR🟢. before taking any financial decisions. In case of any lose #MU_Traders is not responsible for any lose.

Waiting for your reaction on this post.

#BinanceLaunchpool #ENA
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