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$BTC 🌟 My Trading Journey: Step 1 – Mastering Support & Resistance 🔎 Every great trade starts with understanding the basics. If you’re new to trading, the first thing you should master isn’t complicated indicators or fancy strategies—it’s simply knowing Support and Resistance Levels. These are the foundations of every chart. 📊 💡 Why is it important? Support is where the price tends to stop falling and bounce back up. 🏔️ Resistance is where the price usually stops rising and falls back down. 🔻 Learning to identify these zones gives you a clear idea of entry and exit points, making your trades more strategic and less emotional. ✨ ✅ How to find them? 1️⃣ Look for areas where the price has bounced multiple times. 2️⃣ Check longer timeframes (like 4H or 1D) to spot major zones. 3️⃣ Draw horizontal lines across these points to mark them. 🌌 The market moves in waves, and understanding these levels helps you ride them instead of being wiped out. $BTC
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#CryptoRoundTableRemarks BREAKING: U.S. Treasury to meet with key #Bitcoin and crypto players in a closed-door roundtable this week. IT’S HAPPENING!! #CryptoRoundTableRemarks
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#CryptoCPIWatch Today's CPI Forecast At 15:30 the US inflation report (CPI) is released. The inflation rate is expected to be 2.4%, the same as in March. ✔️ Here are the possible scenarios: 🔴 1. CPI above 2.4% This will be negative for markets in the short term, especially given that the data came in below expectations last time. Higher than expected inflation could delay interest rate cuts, which is bad for risk assets. 🟠 2. CPI at 2.4% In this case, the market is likely to rise as the overall bullish sentiment remains. 🟢 3. CPI below 2.4% This is the best-case scenario that could drive Bitcoin and Altcoins higher. Lower than expected inflation will increase the likelihood of a rate cut this year.#CryptoCPIWatch
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