#TrumpTariffs ๐ BTC UPDATE โ Comprehensive Technical Analysis ๐
As I mentioned earlier, the area shaded in green (EMA 50) was a critical support level that should not be broken, and the price rebounded from it precisely โ
โ The positive scenario has successfully materialized:
Bitcoin touched the support area at 100,000$ (as we identified it as a buying area), then rebounded strongly to reach 108,000$ ๐ฅ
๐ Technical Pattern: Bullish Flag supports the continuation of the uptrend as long as it holds.
๐ But let me remind you of something important as professionals:
๐ Technical analysis is always based on probabilities, which is why I always share with you more than one scenario โ whether bullish or bearish โ so we are prepared for any market movement.
๐ The negative scenario that I expected in case of breaking the support did not materialize, and this is normal in markets โ the most important thing is to be prepared in advance.
๐ Therefore, I always advise to:
โข Enter in phases
โข Sell in phases
โข Manage capital wisely
๐ฏ What has been achieved:
โข โ Entry at: 102,000$
โข ๐ First target: 108,000$ (achieved)
โข ๐ The negative scenario was avoided thanks to the technical consolidation at support
But caution is always required as the bearish scenario is still valid .. so