Long

Updated

BTC/USDT IS THIS FINALLY THE BOTTOM FOR BTC TO 65K

BTC has seen last times a breakdown trend.
There is good chance that this can be the bottom of the next 65K

The bottom expecting depends on data and TA.
When BTC can confirm the time frame good chance we will see a stable volume followed by an increased volume back up 60K.

Huge hedge funds did today add the dip buying including from Japan 400m+ BTC.
This can have an effect on BTC as dip buying.

Note

A good process of BTC since the bottom box
This can be the way to 65K

Note

BTC on the way to open space target 65K

Note

Note

TA and data study shows BTC is in uptrend at this moment

Note

zoom: BTC HOLDING LEVELS

Note

We find that there is no good reason to sell BTC when it holds this box

( not trading advice, just a view)

Note

BTC TARGET PLAN ON WAY 60K+

Note

we expect a return trend of BTC since some confirmation, which could enter new bullmarket up 65K as end target of this update.

Note

BTC Target the endpoint 57346

WE expect a break to up 59K soon

Note

BTC low time frame will make it not easy for the trend.
We expect when the volume start BTC could target with break first target 58649

Note

Targets BTC low time frame
1. 58649
2. 59226
3. 59803
4. 60234
5. 60625

Note

The first target complete
1. 58649

Note

The next expecting target is $59226

Note

Target 2 complete $59226

Note

The next expected target is $59803

Note

It would be good if BTC could stay some time stable at the 59K zone to confirm the previous increase to be able to enter further to 59803

Note

60K is a key level which can make BTC having a boost trend

Note

this 59K increase did happen unexpectedly also for most whales since there are high positions short that got out.

We know the working way of some whales/hedge funds that try to bring the price back to x level before increasing the trend. this makes most of the time only the interest that they can buy cheaper. BTC at this moment is still positive and our target stays for the next 24H for 59803 and up.

Note

WE expect that 53552 as the update shows, is the BTC bottom and that we are going to see soon a building volume to 65K

Note

What happens at this moment in BTC's low time frame is injection volume, which means trying to get the price down by injection trend. we expect a high possibility of a candle break

The injection volume is the manipulation volume most of the time.
There is big difference between real breakdown trend and injection volume

Note

BTC is still positive and can return asp 59K zone again.
The injection volume is not the real volume for breakdown btc.

Note

Confirmation uptrend starts from 60k+

Note

BTC is not far from a huge return.

Note

BTC entering the 60K zone

Note

BTC is still in the processing of the new volume now.
53K becomes the bottom
as the updated chart shows until now.

Note

BTC target the important 61K

Note

BTC Target over 62K in a positive trend.

Note

BTC enters the 63K target

Note

Since our study from the last bottom on way to 65K

Note

From the bottom BTC did run to around 65K with the small correction we see now BTC is still positive.

Note

57K is the activation trend.
BTC should hold the 62K for a healthy trend. if the trends gets confirmed we could see soon 67-68K

Note

for new updates check this link:

BTC/USDT IS BITCOIN READY FOR A NEW HIGH TO 68K

Trade closed: target reached

SatochiTrader

❤️Follow the channel For daily updates
ALL UPDATES ARE NOT TRADING ADVICE AND ONLY SCENARIOS ALL is POSSIBLE IN THE MARKET

🟡New telegram channel for free updates
t.me/SatochiTraderoriginal

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.

SatochiTrader

❤️Follow the channel For daily updates
ALL UPDATES ARE NOT TRADING ADVICE AND ONLY SCENARIOS ALL is POSSIBLE IN THE MARKET

🟡New telegram channel for free updates
t.me/SatochiTraderoriginal