BTC LONG TP:115,000 29-01-2025
Bitcoin has executed a manipulative movement as we anticipated, resulting in our stop from the previous trade being hit. However, this situation has now paved the way for a new take-profit target that is set above 115,000. In this context, we are looking to establish a long position with a relatively wide stop, as the potential for profit is significant. Over the next 4 to 5 days, it is crucial that we reach 115,000; otherwise, the position will be considered invalid.
Trade active
Trade closed: stop reached
Problems with the USA and tariffs created a black swan event. We continue to work.
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Bitcoin
Related publications
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.