Working on developing a habit of looking at the higher timeframes.
BTC has been cruising at the bottom of a channel from January 20-ish.
In my opinion it's heading towards 41k, where we'll see a wave of liquidations for overleveraged longs.
At some point BTC will bounce off that strong Support channel.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
BTCUSDTPERP
BTCUSDT
BTCUSD
BTC has been cruising at the bottom of a channel from January 20-ish.
In my opinion it's heading towards 41k, where we'll see a wave of liquidations for overleveraged longs.
At some point BTC will bounce off that strong Support channel.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
BTCUSDTPERPBTCUSDTBTCUSD
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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.
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.