$BTC
Hello, guys. How are you all? This is your Captain speaking. Time for a market update.
Guys, I've given you a red box for a downward target of BTC & it exactly hit that box. Then, I gave you a yellow box & it has pumped exactly from that box. Yesterday, we saw around $3B liquidations (check 1st screenshot) where most were from short liquidations.
BTC has given us more than 16% profit so far (check 2nd screenshot). Congratulations if you've taken the trade. Now, book majority profit here & put tight sL.
I've put the Fibonacci tool on 1D tf & drawn two boxes. BTC has smashed the red box for which I deleted that box and currently it's inside the green box (check 3rd screenshot). If you've been following me, you know what green box means as well as its invalidation. I'll be very cautious here because BTC should hit below $52k if that green box holds.
Liquidation Heatmap (check 4th screenshot) is showing that there's nothing much remaining upside whereas lots of liquidations are on the downside. So, bears have the upper hand here. I won't be a buyer here.
Best of luck 🫡
#btc70k #BTC
Hello, guys. How are you all? This is your Captain speaking. Time for a market update.
Guys, I've given you a red box for a downward target of BTC & it exactly hit that box. Then, I gave you a yellow box & it has pumped exactly from that box. Yesterday, we saw around $3B liquidations (check 1st screenshot) where most were from short liquidations.
BTC has given us more than 16% profit so far (check 2nd screenshot). Congratulations if you've taken the trade. Now, book majority profit here & put tight sL.
I've put the Fibonacci tool on 1D tf & drawn two boxes. BTC has smashed the red box for which I deleted that box and currently it's inside the green box (check 3rd screenshot). If you've been following me, you know what green box means as well as its invalidation. I'll be very cautious here because BTC should hit below $52k if that green box holds.
Liquidation Heatmap (check 4th screenshot) is showing that there's nothing much remaining upside whereas lots of liquidations are on the downside. So, bears have the upper hand here. I won't be a buyer here.
Best of luck 🫡
#btc70k #BTC