technicaltrader68

Bitcoin Market Outlook: Is the Bull Run Taking a Breather? (Technical Analysis)
As a Technical Trader, I’ve been closely watching the $BTC price action over the last 48 hours. Here is a quick breakdown of what the charts are telling us and how you should position yourself.

1. Key Support & Resistance Levels 📊 Bitcoin is currently testing a crucial support zone. If we hold above this level, we could see a push towards the next major resistance. However, a breakdown here might lead to a healthy correction before the next leg up.

2. Technical Indicators Check ⚡

RSI: Looking neutral, giving room for a move in either direction.

Moving Averages: Holding steady above the 50-day EMA, which is a bullish sign for mid-term holders.

3. Trading Strategy for Today 💡 Don’t chase the green candles. Wait for a retest of the support levels or a confirmed breakout above resistance with high volume. Always manage your risk and keep your stop-losses tight!


What are your thoughts on the current market? Drop a comment below! 👇

#Bitcoin #TechnicalAnalysis #DeFi: #BinanceSquare #TechnicalTrader68

ANALYSIS ON POINT:$BTC BTC Bearish Prediction Successful! 📉

Experience speaks louder than words! My recent Bearish vote for $BTC was 100% correct, beating more than 57% of users who were expecting a different move.

As a Technical Trader 68, I don't just follow the crowd; I follow the charts and the data. While others were caught in the FOMO, my technical analysis clearly signaled a pullback.


#BTC #MarketAnalysis #Write2Earn #BinanceSquare #TechnicalTrader68