AnamanderRake

Even the bulls are shorting $BTC Funding rates have reached record levels! The price is 84500 and is not planning to drop. Let's see what happens by Monday. Have a good weekend! #WeekendTrades

A small tip for every beginner
The market has 6 periods of daily growth
9 AM
12 PM
3 PM
6 PM
9 PM
12 AM
This is in (UTC) time
Let me give you an example to help you understand
For example, if you bought Trump's currency at 9 AM, you will see that it is growing, and the price will start to drop around 11 or 11:30. After that, the currency will prepare for a new rise until 12, and sometimes even until 12:30. Once it reaches a peak again, it will gradually start to fall to prepare for growth in the next period, which occurs at 3 PM, and it may increase for half an hour to reach the specified peak.
That's why, when you find a recommendation before entering a trade, check what time you have before buying to take advantage of the profit between each rise and fall.
God bless you.
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$BTC Update
After creating a retest bottom at 74508, BTC has bounced back with news that President Trump is starting to soften his stance on tariffs. He promises to reduce taxes as much as possible because it seems that according to analysts, Trump has miscalculated the taxes. The method of calculating symmetrical taxes needs to be adjusted. The reason is very relevant to the current protest situation. This year in America is quite humorous (personally, I sense manipulation). For now, let's put aside plans for this Saturday and Sunday as there is no short-term plan.

Continue to observe the indicators on the chart..
The MA99 is about to cross below the MA200, so in the near future, I still forecast that even if it pushes up further, it will still sweep back to the 9x area, possibly 93000 (this is for next week or the week after)

Next, observe the RSI on the daily frame; BTC is reporting overbought
StochRSI >100
RSI(6) >87
The uptrend is confirmed when viewing the 3D signal line crossing the positive MACD and exceeding 85500 beforehand
Next is the 5D view where the signal line is about to cross up and the MACD supports further increase. Lacking a bit of momentum, probably due to the weekend.
(The weekly closing level above 95500 and the signal line crossing up with strong volume on the 5D view will continue to confirm the next uptrend target of 99-100k at the nearest). The image below
But currently, the 1D frame is already overbought
To be safe, it’s better to wait for a 1-2 adjustments in the 89k-90k range when the StochRSI enters the neutral area. RSI(6) returns to 69-70 can be tested on the 1D frame.

Uptrend. But always be cautious when buying on the dip, okay?

Congratulations to everyone on the profit, gentlemen 😎

*This is not financial advice, sorry but I must keep writing this constantly.

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