BitcoinLong
Bitcoin Bullish or Consolidating
🚀 Bitcoin Price Action Update 🧑💻
I was asked for my thoughts on Bitcoin with the USA embracing crypto. Here's my technical analysis:
📈 Current Outlook:
Bitcoin is trading strong bullish above a rising trendline. You can see my bullish anticipation on the chart.
⚖️ Balanced Perspective:
As an insight provider, I avoid locking into one bias. Markets fluctuate, and probabilities matter. An alternative scenario could see Bitcoin range between horizontal Resistance and Support, or even break the rising trendline.
⏰ My Trading Approach:
I enter trades on lower timeframes for precision, but I rely on daily and sometimes weekly timeframes to confirm major trend directions.
What's your take? Share your thoughts below! 👇
#CryptoAnalysis #Bitcoin #PriceAction #TechnicalAnalysis
I was asked for my thoughts on Bitcoin with the USA embracing crypto. Here's my technical analysis:
📈 Current Outlook:
Bitcoin is trading strong bullish above a rising trendline. You can see my bullish anticipation on the chart.
⚖️ Balanced Perspective:
As an insight provider, I avoid locking into one bias. Markets fluctuate, and probabilities matter. An alternative scenario could see Bitcoin range between horizontal Resistance and Support, or even break the rising trendline.
⏰ My Trading Approach:
I enter trades on lower timeframes for precision, but I rely on daily and sometimes weekly timeframes to confirm major trend directions.
What's your take? Share your thoughts below! 👇
#CryptoAnalysis #Bitcoin #PriceAction #TechnicalAnalysis
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.
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.