$BTC today‼️
My forecast regarding Bitcoin's price movement has yielded another 10% profit since the last post. Proof is available in the channel feed. Given my expectations of a worsening negative backdrop (read the details in the previous post), I opened a short position from the reference support/resistance line (marked on the price chart); the profit is already at least 7%. My local bearish target is $79,800.
Feel free to take these reference lines, apply them to your own charts, and use them in your Bitcoin price analysis. Not financial advice.
Today, markets received data on Friday's ETF inflows. Bitcoin saw inflows of $440 million, while Ethereum saw over $200 million. On-chain data also supports positive sentiment among cryptocurrency market participants.
However, there are tensions on the geopolitical stage today: some countries are raising objections regarding upcoming energy market tariffs, and European markets are acutely feeling the shortage of petroleum products. This is just part of the negative backdrop, which is why I am currently bearish. The target is a profit of 10–15%.
If buying interest persists, I will move my stop-loss to the break-even point.
Wishing everyone profitable trades💰💪
My forecast regarding Bitcoin's price movement has yielded another 10% profit since the last post. Proof is available in the channel feed. Given my expectations of a worsening negative backdrop (read the details in the previous post), I opened a short position from the reference support/resistance line (marked on the price chart); the profit is already at least 7%. My local bearish target is $79,800.
Feel free to take these reference lines, apply them to your own charts, and use them in your Bitcoin price analysis. Not financial advice.
Today, markets received data on Friday's ETF inflows. Bitcoin saw inflows of $440 million, while Ethereum saw over $200 million. On-chain data also supports positive sentiment among cryptocurrency market participants.
However, there are tensions on the geopolitical stage today: some countries are raising objections regarding upcoming energy market tariffs, and European markets are acutely feeling the shortage of petroleum products. This is just part of the negative backdrop, which is why I am currently bearish. The target is a profit of 10–15%.
If buying interest persists, I will move my stop-loss to the break-even point.
Wishing everyone profitable trades💰💪
