trinityneo_07

BTC to the upside?

Long
trinityneo_07 Updated   
BINANCE:BTCUSD   Bitcoin
Consolidation phase has been solid for bitcoin for the past 1.5 months. Looks solid for the upside.
This upside is not just some Technical Analysis upside, but it is an upside on the fundamentals of bitcoin imo.

Looking forward to ride along where it takes me through this week and then maybe another week.

Also, D1 MACD is lined up for the potential upside, W1 candle looks very solid for the upside.

Lets see…
Trade closed: target reached:
What a trade it happened to be. Closed the trade a little earlier than the target price, but overall good return. Happy with the analysis, I updated it a little late as I couldn't earlier because of some other lame excuse.
Trade active:
Such a good trade, As I mentioned in my idea earlier that this upside after the retracement has nothing to do with the technicals, macroeconomic situations or Federal Reserves Interest Rate. This BTC upside is more on Fundamental Level and this why it looks phenomenal towards shaping towards the 2025 Bullish Cycle.

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.