🚨 $BTC #SupremeCourtBlocksTrumpFromRemovingFedCook Market is showing signs of a possible move toward the $53K–$54K zone in the short term.
✅ My buy orders are placed at $53K and $54K
✅ Still holding my short positions
📊 On the 2-week chart, Bitcoin appears to be forming an Inverse Cup and Handle pattern.
❓ What does this mean?
🔹 This pattern is generally considered bearish and could signal further downside in the coming weeks.
🔹 Historically, an inverse cup and handle pattern often leads to lower prices after confirmation.
🎯 My strategy: 🟦 Consider short positions near $68K resistance.
🟩 Watch for potential long opportunities around $54K support.
⚠️ Avoid trading in the middle of support and resistance zones. Patience is often the key to better entries.
Regards,
Crypto Profit 007 ✌️
If you enjoy my market insights and trading ideas, follow me for more updates. Wishing everyone successful and profitable trades! 💖
#BTC #Bitcoin #CryptoTrading #Binance #CryptoMarket
✅ My buy orders are placed at $53K and $54K
✅ Still holding my short positions
📊 On the 2-week chart, Bitcoin appears to be forming an Inverse Cup and Handle pattern.
❓ What does this mean?
🔹 This pattern is generally considered bearish and could signal further downside in the coming weeks.
🔹 Historically, an inverse cup and handle pattern often leads to lower prices after confirmation.
🎯 My strategy: 🟦 Consider short positions near $68K resistance.
🟩 Watch for potential long opportunities around $54K support.
⚠️ Avoid trading in the middle of support and resistance zones. Patience is often the key to better entries.
Regards,
Crypto Profit 007 ✌️
If you enjoy my market insights and trading ideas, follow me for more updates. Wishing everyone successful and profitable trades! 💖
#BTC #Bitcoin #CryptoTrading #Binance #CryptoMarket