BTCUSDT CHART IDEA 1

BTC is going through the ABC corrective phase and I think we have almost completed the C Wave. This will be invalidated if it breaks the previous swing and makes a LL on the Daily TF.

It broke out of the BULL PENANNT, long term target is $88,000.

Currently holding the 55 EMA on the daily which is strong support and normally bullish for continuation.

Black Swan event like the Poland border crossing is a warning to crypto and the stock market. Money is flowing back into the dollar and the interest rates are starting to rise.

The charts have just reversed a huge bearish trend which means everyone will get REKT, be cautious.

Buy Zones are set.

Targets are to be met.

Stop loss 1%.

Not Financial Advice.