pricebehavior

To be real, here's where I'm at with my positions and thoughts right now.

I've been watching BTC's price action closely, especially after it broke through the $63000 psychological barrier; I sense a shift in the market.

When BTC hit $64764.32, I started to take note of the market trend because that's the recent peak.

In comparison, ETH's price movement is also noteworthy, especially after it dipped to $1717.28; I think the market might undergo further adjustments.

Based on these price actions, I personally believe going long on BTC is a reasonable choice since its trend remains strong, while ETH's short-term moves might continue to correct.

My position is currently BTC-heavy with some ETH, as I trust BTC's trend will carry on.

I'll keep an eye on the market's movements and adjust based on price action; my current strategy is to ride the trend.

#BTC #ETH #cryptocurrency #pricebehavior 🚀💰

This morning I wrapped up my charts and organized my thoughts.

Currently, BTC is trading around $63018.00, with a 24-hour gain of 2.57%, peaking at $64234.68 and dipping down to $61184.00.

From the recent price action, BTC has formed a support level around the $60000 mark, and when it rises to about $65000, it faces some solid resistance.

On the ETH front, its price has climbed to $1681.77, up 5.74% in the last 24 hours, hitting a high of $1721.93 and a low of $1585.00.

Considering the current price movements and market conditions, I'm bullish on BTC and ETH, expecting their prices to continue climbing as their price action shows a strong upward trend.

Other coins in the market, like BNB, ADA, XRP, etc., are also showing good upward momentum, especially BNB, which has surged 3.97% in the last 24 hours, reaching a peak of $610.54.

Overall, the market trend is bullish, particularly for BTC and ETH.

#cryptocurrency #bitcoin #ethereum 💰
#marketanalysis
#pricebehavior 👍