Bitcoin is tearing up the market: is it time to get in?
What we see:
BTC has broken a new ATH and is soaring upwards. Technical analysis and news scream: the moment is near!
Signals:
50 SMA above 200 SMA — the trend is strong.
RSI over 70 — buyers are in action.
MACD gives the green light.
Market activity:
Gensler has left the SEC — we are waiting for easing.
ETFs approved, whales are entering.
Plan:
Entry: $110K
Stop: $100K
Take: $125K