$BTC right now‼️
We’ve secured a 10% profit from our previous forecast. The price is struggling to climb. The bears have made several attempts to push the price back toward the median line; while the relatively quiet news cycle makes the weekend favorable for long positions, sharp corrective spikes on lower timeframes are shaking the bulls' confidence.
The "liquidity spring" within the widening channel is tightening—the accumulation phase is truly approaching its climax. If a breakout from this "liquidity spring" occurs and holds—specifically, if the price stabilizes above $81,800—it will pave the way to test the psychological $83,000 level, especially with upcoming macroeconomic data on the horizon. Conversely, if the price falls back below the channel's median, the bulls will need to regroup and gather liquidity once again on the lower timeframes.
In our next post, we’ll analyze the on-chain data that has the greatest impact on Bitcoin’s price movements.
Trade with the trend and keep an eye on the daily candle close!
Wishing you all profitable trades💰💪
We’ve secured a 10% profit from our previous forecast. The price is struggling to climb. The bears have made several attempts to push the price back toward the median line; while the relatively quiet news cycle makes the weekend favorable for long positions, sharp corrective spikes on lower timeframes are shaking the bulls' confidence.
The "liquidity spring" within the widening channel is tightening—the accumulation phase is truly approaching its climax. If a breakout from this "liquidity spring" occurs and holds—specifically, if the price stabilizes above $81,800—it will pave the way to test the psychological $83,000 level, especially with upcoming macroeconomic data on the horizon. Conversely, if the price falls back below the channel's median, the bulls will need to regroup and gather liquidity once again on the lower timeframes.
In our next post, we’ll analyze the on-chain data that has the greatest impact on Bitcoin’s price movements.
Trade with the trend and keep an eye on the daily candle close!
Wishing you all profitable trades💰💪