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Bitcoin
Long

$53K target for BTCUSD based on bullish SFP.

196
If you analyse the short/long volume on Binance and Bybit (highest volume futures exchanges), there are too many shorts and they need to be liquidated by the market makers. The market makers will drive the price UP to approximately 53K before any significant corrections. Many shorts will be liquidated. Record short volume by inexperienced. Binance and Bybit traders.
ToshihiroHiramatsu
Bitcoin (Cryptocurrency)BTCBTCUSDChart PatternsTechnical IndicatorsLONGTrend AnalysisXBTUSD

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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.
Bitcoin (Cryptocurrency)BTCBTCUSDChart PatternsTechnical IndicatorsLONGTrend AnalysisXBTUSD
ToshihiroHiramatsu

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.