Bitcoin
Long

Bitcoin Bullish or Consolidating

144
🚀 Bitcoin Price Action Update 🧑‍💻

I was asked for my thoughts on Bitcoin with the USA embracing crypto. Here's my technical analysis:

📈 Current Outlook:
Bitcoin is trading strong bullish above a rising trendline. You can see my bullish anticipation on the chart.

⚖️ Balanced Perspective:
As an insight provider, I avoid locking into one bias. Markets fluctuate, and probabilities matter. An alternative scenario could see Bitcoin range between horizontal Resistance and Support, or even break the rising trendline.

⏰ My Trading Approach:
I enter trades on lower timeframes for precision, but I rely on daily and sometimes weekly timeframes to confirm major trend directions.

What's your take? Share your thoughts below! 👇

#CryptoAnalysis #Bitcoin #PriceAction #TechnicalAnalysis

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