$BTC Current Technical Analysis! 5-MIN LTF
When trading Bitcoin on a 5-minute short-term timeframe, I prefer using the “predict” feature. Not only do I pay lower commissions, but I also get results faster. Open your “predict” account here to get an extra 5% discount.
➡️ https://web3.binance.com/en/activity/prediction-referral?ref=WEB3SAVE30
Looking at the chart, both the breakout from the descending channel and the upward movement following the pullback could gain momentum. I find it very plausible that this rise could reach the $1,000 level, and the likelihood of it happening seems high. On the liquidation front, the fact that the majority of positions are long further strengthens this scenario.
In particular, reaching these levels intraday would be an expected final target for me. If the box you see breaks downward, this confirmation may become invalid, and we could see the decline deepen. DYOR!
When trading Bitcoin on a 5-minute short-term timeframe, I prefer using the “predict” feature. Not only do I pay lower commissions, but I also get results faster. Open your “predict” account here to get an extra 5% discount.
➡️ https://web3.binance.com/en/activity/prediction-referral?ref=WEB3SAVE30
Looking at the chart, both the breakout from the descending channel and the upward movement following the pullback could gain momentum. I find it very plausible that this rise could reach the $1,000 level, and the likelihood of it happening seems high. On the liquidation front, the fact that the majority of positions are long further strengthens this scenario.
In particular, reaching these levels intraday would be an expected final target for me. If the box you see breaks downward, this confirmation may become invalid, and we could see the decline deepen. DYOR!