🚀 BITCOIN (BTC): THE 1D MACRO VISION YOU CAN'T IGNORE 🚀
The noise of the smaller timeframes distracts newcomers, but the Daily (1D) chart always shows us the truth of the battlefield. Analyzing the current structure of BTC, the bulls are taking control and the radar indicates a very bullish scenario.
Here I share my tactical reading:
📉 1. The End of the Purge: We have manually completed a bearish sequence (Wave 5). The consolidation wedge at the bottom worked perfectly as an institutional accumulation zone.
📈 2. The New Structure (A-B-C): The price has just broken the main trendline and we are riding on the formation of a massive bullish impulse.
🎯 Wave (A) Target: My projection aims to break the psychological barrier and seek the liquidity zone between $84,000 and $88,000.
🎯 Macro Target (C): If the pattern develops and the support holds against the retracements of wave (B), the medium-term target is pointing towards $96,000+.
🔥 3. Momentum Backing: Look at the MACD at the bottom. We have a very clear bullish crossover with the histogram expanding in green. There is real fuel entering the market to support this rise.
🛡️ As long as we stay above the zone of $72k-$74k, my position is strongly bullish (Long/Spot).
Commanders, are you already positioned for this breakout or are you still waiting for it to drop to 60k to buy? I read you in the comments. 👇🔥
#BTC #AnalisisTecnico #TradingMacro #Criptomonedas #BinanceSquare