🚨 Bitcoin Followed the Exact Move, What Could Be Next? 🚨
In my last post, I clearly explained what Bitcoin’s next move could be, and I even mentioned it on the chart. When Bitcoin was around $76K, I said that BTC could move between $78,100 and $78,800 before making another low.
As everyone saw, the market moved almost exactly the way I explained 3 days ago. Bitcoin first moved from $76K to around $78,200, and then dropped from that area. Right now, BTC is trading near $74500.
Talking about the next possible move, many traders are currently using high leverage on short positions, which could lead to a small pump between $77,000 and $77,500 because a lot of liquidations are sitting around the $77K area.
In my opinion, if you shorted from the $78K area as I mentioned earlier, this could be a good opportunity to secure profits and consider a better long position. Since BTC is currently around the $74500 area, I personally don’t see anything wrong with opening a short-term long position from here.
I’ve continued to provide guidance based on my market analysis, and the people who regularly follow my posts and updates already know this well. I mentioned opening short positions from the $82,700 area, and Bitcoin later dropped significantly from there and is still trading around $74500 today.
I always say that guidance is important because without proper knowledge and discipline, it’s difficult to succeed consistently in crypto trading. I never refuse to help people who genuinely want guidance.
As I mentioned in my last post, the analysis played out correctly. One important thing to understand is that my updates about Bitcoin or Ethereum are always based on the current market situation and technical analysis. However, sudden positive or negative news events can impact the market unexpectedly, and those situations are separate from technical analysis.
For now, I still believe there are opportunities in the market. If anything is unclear, feel free to ask questions.