Bitcoin correction. Waiting for 70k-76k
The previous idea suggested Bitcoin would reach $95,000-$100,000 before entering a 1-2 year bear phase alongside the U.S. stock market decline.
Bitfinex:
However, based on Coinbase orders in the $70,000-$76,000 range and recent BTC sell-offs on Bitfinex over the past three days, it looks like this correction is being dragged out to trigger more liquidations.
This crypto correction might also align with an SP500 drop. Waiting for lower levels to find good entry points.
Coinbase orders:
BTC/USDC Liquidation Heatmap
The previous idea suggested Bitcoin would reach $95,000-$100,000 before entering a 1-2 year bear phase alongside the U.S. stock market decline.
Bitfinex:
However, based on Coinbase orders in the $70,000-$76,000 range and recent BTC sell-offs on Bitfinex over the past three days, it looks like this correction is being dragged out to trigger more liquidations.
This crypto correction might also align with an SP500 drop. Waiting for lower levels to find good entry points.
Coinbase orders:
BTC/USDC Liquidation Heatmap
Dagangan aktif
Dagangan ditutup: sasaran tercapai
Hello everyone 😀🔥.➖ It’s been 31 days since I posted the idea on TradingView for Bitcoin.
➖ As a reminder, we were expecting a drop to the 70-76k range to enter a long position for the final push, so to speak, toward 95-100k. In my absence, Bitcoin hit the target.
Unfortunately, I was waiting for 70k on Bitcoin and missed this rally.
1. Locally, I think Bitcoin will trade sideways ±.
2. Globally, 95-100k for Bitcoin is a reversal zone with a further target of ≈ $5,000 based on Coinbase order books.
BTC/USDC chart:
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.