Hi i’m Bullish On BTC
Reasons.
1. funding Rate are Flipping Negative
2. After Halving it’s 24% down
3. Recover in 2 Days with Volumes
4. ETF’s Approved in Various Countries like USA & Singapore
5. Big Investment company’s are Buying
6. as per Technical RSI It’s creating Strong RSI Indicating for Bullish
7. Trendline Breakout so it will come below test and then going up again so entry will be around 62 with SL 800 Pip from entry
8. Howmuch BTC can go? > it will hit ATH 71k for sure then you can see rejection there it will come and retest again below reentry there and then wait for next ATH
9. All Liquidity are standing above like 70-71k USD
Reasons.
1. funding Rate are Flipping Negative
2. After Halving it’s 24% down
3. Recover in 2 Days with Volumes
4. ETF’s Approved in Various Countries like USA & Singapore
5. Big Investment company’s are Buying
6. as per Technical RSI It’s creating Strong RSI Indicating for Bullish
7. Trendline Breakout so it will come below test and then going up again so entry will be around 62 with SL 800 Pip from entry
8. Howmuch BTC can go? > it will hit ATH 71k for sure then you can see rejection there it will come and retest again below reentry there and then wait for next ATH
9. All Liquidity are standing above like 70-71k USD
Comment:
Entry : ~62499 , SL : 60816 , Target : 73600
Trade active:
I took Entry at 62900
Trade closed manually:
63299 CLOSE
Comment:
it's holding our yellow draw line so still i'm bullish on btc
Comment:
If Close Above 200 EMA line the Strong Bullish now next target is 71k Easily!
Comment:
if today close at 67520 then it will move up with min 2-3% this is the best time to buy under 70k
Comment:
PS. funding rate is still negative
Comment:
just HOLD because it's re testing nothing else don't worry it will push back harder. consolidation makes stock price strong