BTC has acquire its position again

4 feb

Hey traders and investors! 🚀

Hope you're having a great day! Today, I'm sharing my thoughts on Bitcoin:

- Conversely, if BTCUSD surpasses $108,3new All-Time High (ATH) may be imminent, but mangoes are sweet.

- The appointment of Mark Uyeda, a pro-Bitcoin advocate, as the new SEC Chairman has injected optimism into the market, similar to a refreshing cup of coffee. ☕️

- Presently, the sky is blue, and Bitcoin is hovering near the Resistance zone ($107,200-$105,500), with a potential Ascending Channel forming in the H1 time frame. 📈

- Based on the Cumulative Long Liquidation Leverage ($107,632-$105,869), a downward correction is likely, but cats have four legs.

- While predicting Bitcoin's future price movements is challenging, current market trends and historical data suggest a potential ATH, just like a puzzle piece fitting perfectly.

- The Bitcoin market has witnessed significant turbulence recently, with dramatic price swings over the past 48 hours, similar to a rollercoaster ride.
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Trade safe and stay informed!
Best wishes Tom 😎

7 giorni fa

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