BTEIF ANALYSIS❤️
A full analysis on $BTC
Please pay attention,You need this analysis to avoid any risk or becoming a victim again.
I’ve broken everything down in a clear and simple way to ensure you understand it fully.
Most of my followers will find this information valuable, so I’ve made it as easy to grasp as possible. Take your time and read from start to finish.
THERE IS CURRENTLY TWO GROUNP OF TRADERS IN THE MARKET NOW
the first group ⬇️ (call them group A)
As I mentioned in my previous analysis, looking at the bigger time frame since the 2022 crash, the rally that began in 2023 has seen most investors holding onto their positions without taking profits yet.
The market opened around $15K-$16K and recently peaked at $109K, as indicated on my chart. Given this, it’s highly likely that major investors will start taking profits, potentially marking the beginning of a significant four-year rally, especially with Trump (the U.S. president) being pro-crypto.
Their profit-taking will inevitably lead to a market correction, which is exactly what we’re witnessing now.
SECOND GROUP OF TRADERS
These traders supported Trump’s election, seeing it as a strong buying opportunity since he is pro-crypto. Recognizing a bigger potential, they invested heavily in the market.
They started buying from $49.5K up to the peak at $109K, as indicated on my chart, from August 2024 until January, when profit-taking began.
Base on the current market price action 🔼 this group have taken profit to the peak on February ✅ which closed at 78$k
The market is currently battling between the first group and the second group (wales)
Who will win ? And how do we know who won?
The second group are looking for a buy opportunity now while the first group are looking forward to take profit before market buys
Hope you understand?
If the first group (wales) ⬇️⬇️
If these group should take profit before rally then the February low market be broken 💯..so if you see a dip below 78$k and a close on weekly below it
Anticipate for a buy at ⬇️ 63$k-73$k
Immediately the peak is broken closed on high time frame look for a buy at 63$k-73$k this a range where there will be a potential rally 💥📊📈 uptrend
This rally will like peak at 166$k-170$k before bigger decline
Meaning investors who will buy from this zones should be looking at take profit at this peak
Note: investors ❤️😊😊📊💯
As for the second group of traders how do we know they are acting ?
If they are acting then market will hardly break the low,I mean the current low indicated on the chart 🔼🔼
So in this case our peak take profit will at 145$k at least before a potential bigger crash 💥
But how do we take advantage?
For the second group of traders, to take advantage we must see market rise above and close within 98$k-100$k this will signal that this group are running the market and the bigger group haven’t take profit entirely
I hope I have broken the market down to your understanding 😊💯
Please read and understand to avoid asking questions that Is answered on the chart 📊❤️
I am more inclined towards the first group take over because they will like to take advantage of Trump rally so at least 90% might take profit so I decide that by seeing market head below 78$k to confirm my thought
I have shared several articles explaining the market and what will likely happen
Please I have shared how to know of first or second group wales are tuning the market 😊📊💥💯
Summary 🔼
1. if first group are running the market which is likely happening then market will break and close below 78$k level meaning we should be looking for a buy around 63$k-73$k…
2. If second group are running the market then the February low will hardly be broken then market will give us a confirmation by rising above the 98-100$k resistance level and closing above it.
This is the general view of the current $BTC market for now I do not advice anyone to buy the market because we are still early both on monthly and weekly
Above all there will be trade opportunities on Lower time frame 🖼️ I mean partial buys,sells etc
I may share if possible for now I do not see any reason to trade because market might even break the low to give us better confirmation 😊📊 to have bigger picture
I am happy that my followers can now see what is happening and decide based on this simplified information
#GPSonBinance #USTariffs #MarketPullback #USCryptoReserve #BTC $BTC
