BTC 24800 Price Target 32k? Stay Tuned for Trade Regular Updates
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BTC price dumped to 24800 and is currently bouncing, which was our last buy opportunity based on the previous signal in our last BTC post here 
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Notice: This post will be regularly updated as the price progresses toward the target or in the event of potential failures due to rejections. We encourage readers to like, comment, and follow this page to stay updated with the latest developments and adjustments. Your engagement and support are greatly appreciated.
It may seem contradictory to our previous short target of 12k, but in our last analysis, we mentioned that we would be longing from 26k down to 24800 after shorting at 30400. this is because we foresee a better short entry with a much better stop loss and profit target as the bears are heavy around 32k to $34800 which will give bears the needed backup to push the price down to 12k come 2024.
According to MT pandora's Box, The current market buyers are not exhausted yet, and the breakdown of the range is likely to be a trap for sellers. This is evident from the price breaking the 25200 support and hitting 24800, triggering a buying frenzy that backfired on the bears. As a result, we see the price racing back to 26800, clearing all the previous last shorters.
We will continue to hold our current Long position, and I will leave a free long trade signal at the end of this post if you wish to catch the bullish momentum that is about to take off. Now, we should stay patient as we anticipate hitting levels of 27200, then 27700, and eventually reaching 28k. Although there might be some minor pullbacks, this Long position is heading toward 32k.
Regarding the question of why we are shorting at 34k, while the price of BTC might extend even to 34800, we are likely to start adding to shorts from the 32k range. However, we won't jump in with our full position size; instead, we will incrementally add to shorts in small percentages. This strategy will give us the opportunity to reach our 12k target by 2024. Expect some reactions from sellers as BTC moves from the bottom to the top of the current range.
Please Note: Due to the length of our previous BTC post, I will only update it again when we reach the current long target of 32k to 34k range. At that point, we will take another BIG SHORT to achieve our 12k target by 2024. this post will provide updates on the current long trade before the BIG SHORT.
(To enter this LONG, wait for a pullback to take the trade as the price will return to one of the supports listed below, multiple entries with one stop to allow you to buy in pieces and that way accumulate as price goes our way.
Free BTC Long Trade Signal:
To enter, wait for a pullback to take the trade.
ASSET: BBTC/USDT
ACTION: LONG
1st ENTRY PRICE: $24800, 2nd $25600, 3rd $25800 (Worst or late entry 26k)
STOP LOSS: $23700
1st TAKE PROFIT: $29700, 2nd TP: $31200, 3rd TP: 32k (Extended TP: 34k)
Disclaimer: This signal is for informational purposes only and does not constitute financial advice. Cryptocurrency trading carries risks, and past performance is not a guarantee of future results. The user assumes full responsibility for any profits or losses incurred, and the signal provider is not liable for any investment decisions made based on this signal.
Notice: This post will be regularly updated as the price progresses toward the target or in the event of potential failures due to rejections. We encourage readers to like, comment, and follow this page to stay updated with the latest developments and adjustments. Your engagement and support are greatly appreciated.
Notice: This post will be regularly updated as the price progresses toward the target or in the event of potential failures due to rejections. We encourage readers to like, comment, and follow this page to stay updated with the latest developments and adjustments. Your engagement and support are greatly appreciated.
It may seem contradictory to our previous short target of 12k, but in our last analysis, we mentioned that we would be longing from 26k down to 24800 after shorting at 30400. this is because we foresee a better short entry with a much better stop loss and profit target as the bears are heavy around 32k to $34800 which will give bears the needed backup to push the price down to 12k come 2024.
According to MT pandora's Box, The current market buyers are not exhausted yet, and the breakdown of the range is likely to be a trap for sellers. This is evident from the price breaking the 25200 support and hitting 24800, triggering a buying frenzy that backfired on the bears. As a result, we see the price racing back to 26800, clearing all the previous last shorters.
We will continue to hold our current Long position, and I will leave a free long trade signal at the end of this post if you wish to catch the bullish momentum that is about to take off. Now, we should stay patient as we anticipate hitting levels of 27200, then 27700, and eventually reaching 28k. Although there might be some minor pullbacks, this Long position is heading toward 32k.
Regarding the question of why we are shorting at 34k, while the price of BTC might extend even to 34800, we are likely to start adding to shorts from the 32k range. However, we won't jump in with our full position size; instead, we will incrementally add to shorts in small percentages. This strategy will give us the opportunity to reach our 12k target by 2024. Expect some reactions from sellers as BTC moves from the bottom to the top of the current range.
Please Note: Due to the length of our previous BTC post, I will only update it again when we reach the current long target of 32k to 34k range. At that point, we will take another BIG SHORT to achieve our 12k target by 2024. this post will provide updates on the current long trade before the BIG SHORT.
(To enter this LONG, wait for a pullback to take the trade as the price will return to one of the supports listed below, multiple entries with one stop to allow you to buy in pieces and that way accumulate as price goes our way.
Free BTC Long Trade Signal:
To enter, wait for a pullback to take the trade.
ASSET: BBTC/USDT
ACTION: LONG
1st ENTRY PRICE: $24800, 2nd $25600, 3rd $25800 (Worst or late entry 26k)
STOP LOSS: $23700
1st TAKE PROFIT: $29700, 2nd TP: $31200, 3rd TP: 32k (Extended TP: 34k)
Disclaimer: This signal is for informational purposes only and does not constitute financial advice. Cryptocurrency trading carries risks, and past performance is not a guarantee of future results. The user assumes full responsibility for any profits or losses incurred, and the signal provider is not liable for any investment decisions made based on this signal.
Notice: This post will be regularly updated as the price progresses toward the target or in the event of potential failures due to rejections. We encourage readers to like, comment, and follow this page to stay updated with the latest developments and adjustments. Your engagement and support are greatly appreciated.
Nota
Our last post on #BTC analysis said the price will return to 25800 to 25200 after hitting 27200, rejected slightly at 27179, MT Pandora's box calls for a move down from here to visit the support of 26k before the pump to 32k next to pick you up, move to that support just began.Nota
Congratulations to all those who bought 24800 with us, BTC made it to 30k in one run, I didn't see it happening so fast.Nota
Nota
Our second thought that BTC would easily retest the breakout was proven wrong, as the bulls were too strong.Nota
BTC is currently forming a bull flag pattern, indicating a potential breakout to continue the upward move towards 32k. Despite waiting for a pullback or strong retest before BTC reached 32k, the current bull flag suggests that bears are struggling to keep the price below 30k. This weakness in bearish momentum indicates a high likelihood of bulls pushing towards 32k. Therefore, we anticipate a breakout of the current bull flag this week on BTC. If you haven't entered a long position yet, we are providing a free gift trade signal below to join the ride. Our analysis includes precise entries, stops, and take-profit levels. We constantly update our analysis, and if you desire more updates, please comment below.
MT FREE TRADE SIGNAL 📈
Asset: BTC/USDT
Action: Long
1st Entry Price: $30128
2nd Entry Price: $20279
3rd Entry Price: $30400 (Buy incrementally)
Stop Loss: $29492 (Risky Stop $29767)
1st Take Profit: $31800
2nd Take Profit: $32000
3rd Take Profit: $32400 (Extended $32800)
Nota
Disclaimer: This signal is for informational purposes only and does not constitute financial advice. Cryptocurrency trading carries risks, and past performance is not a guarantee of future results. The user assumes full responsibility for any profits or losses incurred, and the signal provider is not liable for any investment decisions made based on this signal.Notice: This post will be regularly updated as the price progresses toward the target or in the event of potential failures due to rejections. We encourage readers to like, comment, and follow this page to stay updated with the latest developments and adjustments. Your engagement and support are greatly appreciated.
Nota
BTC Bulls after making it to 31400 resistance have been facing challenges as buyers struggle to keep the price above 30600 support, while we can see clearly that shorters are beginning to add to their position gradually the closer price gets to the 32k range, Our LONG Stays active as the chances of bulls still making it to 32k to 34k remains over 65% Nota
BTC made it to our 1st target at 31800 only to collapse back to 29400, while the monthly chart remains bullish giving August a chance for a bounce before the dump begins in September giving us another opportunity to enter another long still to target 32k to 32800 range next, but what is the worst case?
We have a good stop-loss at 29200 so if the price drops below this we exit as the chance of it going lower to 27500 increases to 55% if 29200 is broken.
2nd MT FREE TRADE SIGNAL 📈
Asset: BTC/USDT
Action: Long
1st Entry Price: $29728
2nd Entry Price: $29890
3rd Entry Price: $30100(Buy incrementally)
Stop Loss: $29277 (Risky Stop $29350)
1st Take Profit: $31500
2nd Take Profit: $32000
3rd Take Profit: $32400 (Extended $32800)
Nota
Hey there, crypto enthusiasts! 🚀 It's time to buckle up because we're diving into the wild world of Bitcoin bulls! Hold on tight, my friends, as we analyze their rollercoaster ride with a touch of humor and enthusiasm!So, Bitcoin bulls have been feeling as stable as a stablecoin lately, but hey, who can blame them? They've been giving 31900 a real run for its money! 😄 Unfortunately, their multiple attempts to break through fell flat on their faces. Ouch! But fret not, my friends, there's a glimmer of hope shining at the 28500 support range. Those sellers are struggling to keep our bullish pals below 29k, and boy, are they doing a lousy job at it! 🐂💪
The million-dollar question that's boggling every trader's mind is this: Can BTC recover above 30k before hitting the 27400 support? Oh, the suspense!
But hold on to your hats, folks, because MT Pandora's Box strategy is still whispering sweet nothings about a move to 32k to 34k! And you know what? Those chances are growing every day, especially as those sellers keep missing their shots at keeping the bulls below 28500. They might want to rethink their strategy! 🎯
Now, if our bullish buddies successfully get back to 30400, brace yourselves for that retaliation at 32k to 34k! But wait, there's a twist in this wild crypto tale! Beware the looming September, my friends. It's looking pretty bloody from where I stand! 💀
For now, we'll ride the bullish wave for a month and see how our furry friends react. Fingers crossed, folks!
And hey, a quick heads up! This post will be constantly updated as the trade signal unfolds, or if we sense any failure warnings creeping up. So, do yourself a favor and hit that "follow" button and give that "boost" a cheeky little click. You'll be the first to know about all the juicy updates! 📈
Disclaimer: As always, trading is a thrilling adventure, but be smart, folks! This post is for entertainment purposes only, and we're not financial advisors. So do your research, be cautious, and trade responsibly! Happy trading, and may the crypto odds be ever in your favor! 🌟
Nota
Bitcoin bulls got completely rejected at 31800 just a few inches away From our 32k, killing our 34k dream rather prematurely. I could have updated this chart earlier than now but I wanted to get clearer confirmation that the current pump is coming to an end on a higher timeframe like weekly before deciding to close this trade.
But after this long time of waiting to see any chance that the bulls can still attain the 34k in 2023 is becoming more futile by the minute and also the chances of the bears taking a trip to 22k grow by the seconds.
at this point, it will be safe to close this trade as we revert back to Short.
I will be posting on my short bias next
Trade chiuso manualmente
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