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THE CRYPTO MECHANIC
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103,500$ to 104,000$
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Bitcoin Daily Chart Analysis: ● Current Status:- -Retest Zone: $BTC has perfectly retested the $64,000 zone.- Trendline Observation: Considering the trendline, BTC might retest the upper trendline, which serves as resistance around the $66,000 zone. ● Potential Movements:- 1. Breakdown Scenario: If $BTC breaks down below $64,700, it could drop directly to $63,400. 2. Liquidity Grab: There's a possibility $BTC could wick down to $61, 000 to grab liquidity. ● Entry Strategies: 1. First Entry: • Entry Point: Long entry at $63,400. • Stop Loss: Set a proper stop loss at 1.5% to 2%.2. 2. Second Entry (if stop loss is hit): • Entry Point: Long entry between $61,000 and $61,400. • Stop Loss: Set a proper stop loss. ● Disclaimer: This analysis is based on personal observation. It's important to perform your own analysis before making any trading decisions. #BTC #altcoins #write2earn🌐💹 #BullorBear #BTC☀
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⚠️ Bitcoin Update ⚠️ - As I mentioned yesterday, Bitcoin could tap the upper resistance of the trendline and go up to $66,000. Today, Bitcoin has perfectly hit the $66,000 resistance. Furthermore, we can see $BTC going down to the $63,000 zone. It is also possible for a wick to touch $62,000 to grab liquidity. Be sure to check my post from yesterday, where I provided "Long Entry" zones. This is my analysis, but you should also conduct your own analysis. Have a nice day. #BTC☀ #write2earn🌐💹 #BullorBear #Altcoinseason2024 #ETHETFsApproved
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Hello folks, BTC is playing with our hearts and indicating that it wants to go up to 58k to 59k. But if I share my perspective, Bitcoin is giving us another very good opportunity to fill our bags with "Alt coins". My brothers and sisters, don't be afraid because "Victory lies beyond fear" 😅😅. Load up your wallets 30% with "Alt coins". If BTC goes down further, we will load up more from the lower levels. Good Luck & have a great day. #altcoins #BullorBear #BTC☀ #write2advice #BTC
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