๐Market update
๐After yesterday hurting by 10k crash like within few hour 69k to 59k a huge amount of trader liquidated
๐This was the huge liquidation which i have ever seen after 2022
๐Guys btc must go up towards 69k again
๐Because the thing which make it different from 2021 crash is that at that time only elon musk was supporting but now there are trillion dollar holder asset manager companies
๐ Thinking that btc will go to 35k is not possible because the company like greyscale ,blackrock and other etf holders they have invested huge amount untill they are in btc they will keep it above 50k because below 50k or 40k these companies will be in billion dollar loss which is not possible becuase they are here to earn profit they are not fool
๐Btc must need to find some strong support which it is finding near 63k and 65k
๐Taken support from 65k 2 times it pushes it back towards 67k which is good sign and following bullish trendline
๐But guys remember that there will be huge volatility like sudden dump and pump because market is still in the state of shock and fomo is also there
๐If you are in spot trading dont worry about it just hold it but in future trading please dont use leverage more than 20x try to keep your liquidation as low as possible
๐Most safest point is 55k and 59k
๐So inshort btc is bullish but high volatile it will finally go again to 69k but my advise is to stay away from future trading of btc let the dirt settle first.
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