After news of a stock sale by MicroStrategy to buy more Bitcoin, we saw a ๐ปBear Trap๐ปon the Bitcoin chart. But Bitcoin started to fall again from the ๐ดresistance zone($29,850-$29,480)๐ด.
๐กIf we look carefully at the Bitcoin chart, we will notice the Symmetrical Triangle Pattern.
๐กAlso, we can see Regular Divergence(RD+) between two consecutive valleys.
๐I expect Bitcoin will go up at least to ๐ฏtarget๐ฏ that I specified in my chart.
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๐โPositive Newsโ๐:
MicroStrategy's Saylor Wants to Buy as Much Bitcoin as Possible.(Saylorโs MicroStrategy plans 750M stock sale, possibly buying more Bitcoin).
Economist Alex Krรผger Says Heโs โBetting On Upโ When It Comes to Bitcoin As Under-the-Radar Indicator Flashes.
India makes suggestions for G20 crypto roadmap.
Dubai expands crypto licenses, granting approval to Nomura.
๐โNegative Newsโ๐:
Binance Could Face U.S. Fraud Charges, but Prosecutors Worry About Risk of Bank Run.
Binance Suffers 870B Trade Volume Drop in 2023.
Pressure on Cryptocurrency Exchanges from Ukraine!
48% Of All Bitcoin Lightning Network Nodes Run On Amazon And Google Cloud
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Bitcoin Analyze ( BTCUSDT ), 1-hour time frame โฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
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