đ¸Sometimes, a simple Bitcoin ($BTC ) chart plays out so perfectly that itâs beyond what our minds can plan or predict.
đ¸I had planned to buy at $76K after selling at $95K on March 6 (shared this on Binance Square too), but I didnât end up buying at $76K.
đ¸No worriesâweâll catch the next move.
đ¸Looking at the current scenario, Bitcoin could take support at the same level which was first support, then turned resistance, and now again looks like support. That level is shown by the green horizontal line at $90K.
đ¸If we get confirmation from that area, we can plan a major buy. For now, Iâm out of the market.
đ¸Now, some people will talk nonsense saying, âYou said yesterday to buy near the $98K zone.â So hereâs my response to them:
đ¸I mainly work based on fundamentals, not just technical analysis.
đ¸In my opinion, the current fundamentals donât yet support the start of a real bull rally. I might be wrong, but I still think thereâs a possibility of another correction in Bitcoin.
đ¸That correction could take us to $95K, $88K, or even $60Kâit all depends on how the conditions evolve.
đ¸I prefer to buy during retracements, not during #FOMO .
đ¸Once a retracement happens and the market shows strength, thatâs when Iâll look to buy.
đ¸Thatâs my approachâplanned and strategic. Not every move is for me. Sometimes, the market rewards retail investors just to keep them hooked.
đ¸Iâm committed to sharing what I doâso donât worry, Iâll continue to update you.
đ¸And let me say this again: I wonât be right every time, and I wonât catch every move. Stay tunedâŚ