💰 Bitcoin will continue to be bearish as long as it trades | CoinInsight on Binance Square

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💰 Bitcoin will continue to be bearish as long as it trades below the lower high of $121K. 

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+0.22%

47

0

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Bitcoin ($BTC ) has broken its pattern, reaching the $120,000 mark once more. Currently, it is retracing to this level and may test the support zone. Liquidity is building significantly, and the market is likely to favor the fundamentals.

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Bitcoin has broken out of the descending triangle pattern with strong volume and is now retesting the breakout level. The Ichimoku Cloud also signals bullish momentum. A successful retest above this level could confirm the breakout and initiate the next bullish rally in the market.

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#ARPAUSDT The price has broken through the downward trendline and is currently above it. We anticipate the price will increase, allowing us to aim for profit targets of at least 100 to 200 percent.

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We've had a significant number of wins, not just during the bull run. For me, the real challenge is making profits when the market is moving sideways, which we've been successfully doing. Remember, the "wolf of trades" has been going long since Bitcoin was at 16k. That's where we began and made our first attempt to long the bottom, which was spot on.

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Currently, the market is somewhat volatile, but I anticipate that if we experience another breakout,

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