$BTC Analysis-Should We Buy For All Time High?🤔
Bitcoin has been very fallen in the last few months, from $130,000 to $60,000 Dump around 55% drop 💧. There was a daily high probability order block at $60,000 and the Wyckoff trendline was also there, from that Bitcoin has pumped almost $15,000 dollars. I had shared this level and hoped that people would take advantage.
✨CURRENT SCENARIO:
If Bitcoin breaks the weekly selling climax candle (basically the ultra high volume) with a low-volume momentum candle, then you can buy Bitcoin and also take a long position in futures trading, but for now, you will need to wait.
The upper trigger line of the ultra high volume is at $79,376. What I mean is that if Bitcoin breaks out of the $79,376 UTL with a low-volume momentum candle, then it can easily touch 100k and 104k. Whenever this volume breakout happens, I will share it with you on Binance Square.
When Setup Complete, Then you can set the Stoploss around $59,000, and the first target 🎯 we will catch $100,000 and the second TP is $104,000.
I hope you like my analysis, If you have any questions you can drop in the comment section🤗
