BTCUSDT SPOTLong
BTC/USDT Updated Market Outlook for This Week: What to Expect?
In my previous analysis, I expected BTC to bounce after retesting $60,000. However, after observing the price action, I announced that I would close the trade manually at breakeven at $61,000. Now that we have a new weekly close, I'm expecting the price action to create a wick around $54,000-$56,000 before closing around $58,000 to end this week. I'm looking to enter BTC this week around $54,000-$56,000.
Expect a red candle this week and a green candle next week after a new base around $58,000 is created. CPI is coming up this week, so there's that.
PREVIOUS ANALYSIS :
https://www.tradingview.com/chart/BTCUSDT/kShl6Vp0-BTC-USDT-Reclaimed-60K-as-we-wanted-to-see-What-is-Next/
Expect a red candle this week and a green candle next week after a new base around $58,000 is created. CPI is coming up this week, so there's that.
PREVIOUS ANALYSIS :
https://www.tradingview.com/chart/BTCUSDT/kShl6Vp0-BTC-USDT-Reclaimed-60K-as-we-wanted-to-see-What-is-Next/
Note
BTC hits 56K, and the market is moving in our direction. Let's keep an eye on the $ 54K-$ 56K range for potential entry opportunities. However, there's a chance we might not get it, as I expect this week to close around $58,000.
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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.
Join my VIP group: t.me/CryptoOverseerX Special price for the first 10 members. Money-back guarantee if no profit in 3 months! For more, visit overseer-x.com/. Free group: t.me/CryptoOverseerXFree
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.