🚨 $BTC URGENT UPDATE : MUST READ 📢
TO MY FOLLOWERS ↓
RIGHT NOW, BITCOIN INDICATORS ARE VERY INTERESTING. THE FUNDING RATE IS POSITIVE, WHICH INDICATES THAT THE LONG POSITIONS ARE BEING OPENED MORE FOR FEW HOURS, WHICH MEANS THAT A SMALL DECREASE IN PRICE MAY OCCUR, STILL THE DAILY LONG-SHORT RATIO IS MUCH BELOW THAN 1 (<1), 0.6 TO BE EXACT IN BINANCE. THIS TELLS US THAT THE PRICE OF BITCOIN WILL EVENTUALLY RISE, BECAUSE MOST OF THE TRADERS ARE EXPECTING THE PRICE TO GO DOWN AND THE MARKET WILL MOVE EXACTLY IN THE OPPOSITE DIRECTION. ALSO IN PREVIOUS 4 HOURS, LARGE INVESTORS, KNOWN AS 'SMART MONEY' ARE BUYING BITCOIN IN CONSIDERABLE AMOUNT, WHICH CONFIRMS THAT THE RISE IN PRICE IS BACKED UP BY A GOOD VOLUME OF BITCOIN TRANSACTIONS. SO THE RISE IN PRICE IS EXPECTED TO SUSTAIN AND TO BE CONTINUED. 🍁
RIGHT NOW BITCOIN HAS A DOWNTREND IN 5 MINUTE, 15 MINUTE TIMEFRAME. ⬇️
BUT HAS AN UPTREND IN 1 HOUR, 4 HOUR, 1 DAY, 1 WEEK, 1 MONTH, 1 YEAR TIME FRAME. ⬆️
THAT'S A SIGN OF BULLISH MOMENTUM IN LONG TERMS. 🍁
THE LIQUIDATION MAP SHOWS THAT THE PRICE MAY GO ON BOTH DIRECTIONS, BECAUSE THERE ARE CONSIDERABLE AMOUNT OF LIQUIDITY IN BOTH DIRECTIONS. IF WE COMBINE THIS INFORMATION WITH THE UPTREND IN DIFFERENT TIME FRAME, ALONG WITH THE VOLUME, THEN WE CAN LOGICALLY ASSUME THAT THE PRICE WILL GO HIGHER, POSSIBLY IN THE 107500 $ PRICE RANGE OR HIGHER. IF ANY PULLBACK OCCUR, THEN THE PRICE MAY VISIT 101500 $ ZONE, BUT WOULD BE RECOVERED EVENTUALLY. 🍁
IF YOU ARE A SPOT TRADER, THEN I WOULD RECOMMEND TO SECURE YOUR PROFITS PARTIALLY AT THE ABOVE MENTIONED PRICE ZONE, BECAUSE MARKET MAKERS WOULD SWEEP THE LIQUIDITY FROM BOTH SIDES, HENCE A SUDDEN PULLBACK MAY OCCUR. 🍁
IF YOU TRADE IN FUTURES THEN IT’S HIGHLY RECOMMENDED TO KEEP THE LEVERAGE BELOW 4X. I PERSONALLY RECOMMEND 2-3X, JUST TO SECURE THE CAPITAL. 🍁
ALWAYS REMEMBER, "IN TRADING, TREND IS YOUR FRIEND." 🍁
WISH YOU ALL THE VERY BEST. 🍁
Trade & buy Bitcoin here: 👉 $BTC 🔰
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