$BTC #BTC #HotTrends
Overview for 17.02-23.02
Bitcoin breaks the trend line and starts to rise with significant purchases from the zone of 97300, I am in position with the first take profit at 99k, from there a new bounce is possible, but if we break through, we will also enter on the retest and wait for 102, which is currently the strongest resistance level. Upon reaching the 102 level, I will consider short positions.
The news background is currently nonexistent, Trump says one thing, Powell says another, resulting in confusion that leaves people unsure of what to do. There are already quite a few shorts accumulated, and I see messages from people who expect 50k this month. Thanks to them, we will continue to rise higher and higher)
According to the liquidation map, there are also two zones we can reach. First, I expect a move to 100-102, after which we will shake out the longs at 92-90.
Wishing everyone profit and a good rest!