#BTC/USDT Weekly Update.

May 8, 2023

#BTC has been trading below the $30k level for the last 7 weeks.
Maintaining the 27K level.
Right now, IMHO, the best thing to do is to wait for a break above 31K to flip highly bullish.
Break below $27154 and bears will take over.
For now, It is simply sideways if you zoom out.
I am Bullish in the long run but cautious in the short term.
Leverage could be dangerous in these market conditions, especially the meme mania. Trade on spot but be careful with leverage.
They don't want you to be rich, They want your #bitcoins.
Hold till 2025!


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Thank you

#PEACE

May 11, 2023

Trade active

#Bitcoin : Broke below $27154.
A daily close below this level will trigger a bearish rally to $24,800.
Alts are bleeding slowly.
Better wait for bullish signs.
I am staying aside and just observing.
That's how you profit by just "not trading" when things aren't clear.