#BTC | Overview
#BTCBreaksATH Hello everyone, friends! I didn't get to congratulate you on the new ATH for Bitcoin, but I think the Telegram channels have already been shouting about it. And we will still have the chance to witness at least one more ATH update 🗻
🐻We have effectively cleared out all the #FOMO long holders, and the market has lost over $100 billion in capitalization in the upcoming drop. Recently, we made excellent fixes on several assets, which was undoubtedly the right decision.
Basically, there’s no point in dropping to $110k❌. Liquidations will be from $125k to $133k. But to be honest, everything will depend on tomorrow's conversation between Trump and Putin!
And, since there are almost no liquidations from below right now, and we have entered a local area of interest for opening long positions, we can confidently start accumulating long positions in #BTC in the range of $116-118k with targets for updating ATH and a stop at $115,600.
It's important to manage risks and set a tight stop, as the probability of continuation is still present, so it's better to protect yourself with a short stop from excessive losses.