Several key fundamentals support a bullish outlook for BTCUSD. Increasing institutional adoption of Bitcoin as a hedge against inflation continues to drive demand.
There's growing interest in Bitcoin ETFs, potentially broadening investor access. Recent political developments, such as President Biden's unexpected withdrawal from the 2024 election, have introduced volatility in traditional markets, potentially making Bitcoin more attractive as an alternative investment.
Additionally, on-chain metrics show a shift towards Bitcoin accumulation, especially among large wallets and long-term holders, suggesting renewed market confidence.
I'm utilizing probabilities to position myself for long trades in BTCUSD. By focusing on high-probability setups, I can identify favorable entry points where the risk-reward ratio is advantageous for long positions
1D:
2H:
Let's discuss our strategies and learn from each other!
There's growing interest in Bitcoin ETFs, potentially broadening investor access. Recent political developments, such as President Biden's unexpected withdrawal from the 2024 election, have introduced volatility in traditional markets, potentially making Bitcoin more attractive as an alternative investment.
Additionally, on-chain metrics show a shift towards Bitcoin accumulation, especially among large wallets and long-term holders, suggesting renewed market confidence.
I'm utilizing probabilities to position myself for long trades in BTCUSD. By focusing on high-probability setups, I can identify favorable entry points where the risk-reward ratio is advantageous for long positions
1D:
2H:
Let's discuss our strategies and learn from each other!
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.