Bitcoin started a bull cycle on 2023 and now has finished a lateral zone creating an expanding triangle, which is a sign of continuation for trends.
Taking into account that we are just doing new highs, this can be crazy, but the $100k target will be soon.
How to trade BTC now?
Buying BTC now can be hard because a pullback can hit hard to your account.
Maybe the best you can do is to wait for a pullback to the 70k$ zone where the support zone is located. This kind of expanding triangle usually has pullbacks, so pray to have your opportunity!
Buying in the 70-73k$ zone means that a stop loss at a 15% is quite safe, so you can earn easily 50% by risking just 15% of your investment.
This kind of 3x return/risk is waht you should seek for your trading account ;)
For more Trading ideas
Feel free to follow me to see more ideas with high return/risk ratio, like the one in Tesla with over x10 return/risk ratio!
Taking into account that we are just doing new highs, this can be crazy, but the $100k target will be soon.
How to trade BTC now?
Buying BTC now can be hard because a pullback can hit hard to your account.
Maybe the best you can do is to wait for a pullback to the 70k$ zone where the support zone is located. This kind of expanding triangle usually has pullbacks, so pray to have your opportunity!
Buying in the 70-73k$ zone means that a stop loss at a 15% is quite safe, so you can earn easily 50% by risking just 15% of your investment.
This kind of 3x return/risk is waht you should seek for your trading account ;)
For more Trading ideas
Feel free to follow me to see more ideas with high return/risk ratio, like the one in Tesla with over x10 return/risk ratio!
交易進行
There is still room for bull market. The pattern has been confirmed and a masive return generated for now.交易結束：目標達成
And there we are, $100k reached.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。