Following President Trump's election victory in November 2024, the crypto market experienced a massive surge. During that time, I closed my BTC long trade around 88K, securing over 2,000 pips in profit. (I usually trade 0.01 lot size) Since then, I’ve remained on the sidelines, observing market movements.
Analyzing the charts, I believe Bitcoin, like other cryptocurrencies, is still moving in correlation with broader market trends.
The ideal buy zone remains between 52K – 50K, a level that holds strong support across all timeframes and target 125k. Until price reaches this zone, I prefer to stay on the sidelines and wait for confirmation.
This is my personal outlook—stay safe, traders!
Analyzing the charts, I believe Bitcoin, like other cryptocurrencies, is still moving in correlation with broader market trends.
The ideal buy zone remains between 52K – 50K, a level that holds strong support across all timeframes and target 125k. Until price reaches this zone, I prefer to stay on the sidelines and wait for confirmation.
This is my personal outlook—stay safe, traders!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.