Bitcoin - Buy now! Ready to pump to 125 000 (alt season)
20489
I recommend buying Bitcoin as the price is ready to go much higher in February. The current price is 98,000, and I expect Bitcoin to hit 111,000 in the immediate short term. 111k is a strong resistance because it's the top of the ascending parallel channel. Bitcoin has been in this channel for 91 days since November 2024. Then later this year in summer, Bitcoin will reach 125k.
But we should focus on altcoins in the next months! Why? Because a huge alt season is starting! Let's take a look at the BTC.D (Bitcoin Dominance) chart because this is the major indicator of altcoin seasons. As per my analysis, the price recently hit a strong resistance and needs to go down to 48%. We could experience the greatest alt season in years, so be ready! Make sure you have the right altcoins. Ethereum is definitely one of the altcoins that will outperform Bitcoin in the next months.
I am very bullish on Bitcoin and on the overall crypto market for the next weeks and months! Now is the time to buy, but let me know in the comment section, what do you think?
Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Trade aktif
Buy/Long Bitcoin now. The price is near the bottom of the bullish pennant, which gives us an excellent risk-to-reward ratio! The bullish trend is still intact as the price is above the main trendline.
Trading ditutup secara manual
On the chart, we can see 2 false breakouts of the wedge pattern. This is, in general, a very good sign, because usually the 3rd breakout is real. Please be patient and wait for a real breakout!
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.