Current Situation:
Bitcoin (BTC) has successfully cleared the $66,540 level and is moving towards its all-time high (ATH) of $73,757. However, it has currently encountered resistance, and a pullback is anticipated as it contends with a previous bearish order block.
Trade Strategy:
Expected Retracement: It's logical to anticipate a pullback to the $70,000 level, given the current resistance and market behavior.
Post-Retracement Strategy: After the expected retracement to $70,000, we anticipate a push and potential breakthrough of the ATH.
Targets Post-Breakthrough: If BTC successfully breaks through the ATH of $73,757, the next target would be around $77,430.
Key Levels to Monitor:
Support Levels: $70,000 (anticipated retracement level)
Resistance Levels: $73,757 (ATH), $77,430 (target post-breakthrough)
📊🔍 Stay vigilant and monitor BTC's price action closely for validation of these levels and any potential adjustments needed to your trading strategy. #BTCAnalysis #CryptoTrading 🌐🔒
Bitcoin (BTC) has successfully cleared the $66,540 level and is moving towards its all-time high (ATH) of $73,757. However, it has currently encountered resistance, and a pullback is anticipated as it contends with a previous bearish order block.
Trade Strategy:
Expected Retracement: It's logical to anticipate a pullback to the $70,000 level, given the current resistance and market behavior.
Post-Retracement Strategy: After the expected retracement to $70,000, we anticipate a push and potential breakthrough of the ATH.
Targets Post-Breakthrough: If BTC successfully breaks through the ATH of $73,757, the next target would be around $77,430.
Key Levels to Monitor:
Support Levels: $70,000 (anticipated retracement level)
Resistance Levels: $73,757 (ATH), $77,430 (target post-breakthrough)
📊🔍 Stay vigilant and monitor BTC's price action closely for validation of these levels and any potential adjustments needed to your trading strategy. #BTCAnalysis #CryptoTrading 🌐🔒
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.