BTC broke out of the channel and is currently retesting the 62.4k support the lower support levels are 61.8k and 60.4k.
I'll be buying BTC on spot on these levels with my stable coins like USDT.
The price must bounce from any of these two levels and rally to $64k+ as per this chart.
Once we break that $64k level in weekly BTC could break $70k easily.
All we need is more volume.
CAUTION:- It is also important to keep booking profits on your trades since the market is at extreme greed.
Only a close below $57k will invalidate this chart.
TBH Nothing major happened, just the short-term traders are booking profits and noobs booking losses in panic.
Don't do that.
I'll keep posting updates on this one.
Do hit the like button if you want me to post more updates on this.
Stay tuned
I'll be buying BTC on spot on these levels with my stable coins like USDT.
The price must bounce from any of these two levels and rally to $64k+ as per this chart.
Once we break that $64k level in weekly BTC could break $70k easily.
All we need is more volume.
CAUTION:- It is also important to keep booking profits on your trades since the market is at extreme greed.
Only a close below $57k will invalidate this chart.
TBH Nothing major happened, just the short-term traders are booking profits and noobs booking losses in panic.
Don't do that.
I'll keep posting updates on this one.
Do hit the like button if you want me to post more updates on this.
Stay tuned
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