Bitcoin Price Forecast

$BTC today‼️

My forecast yielded at least a 15% profit if you used it in your trading strategies. The express trade was calculated for the price to move to $59,750, where the hypothetical resistance line is located. If you're not greedy like me, then you've pocketed your profit.

In today's market, I try to lock in a 10 to 15% profit, no more. If you stick to your strategy and don't deviate, this will bring you profit in most cases. A trader must have discipline.

In my opinion, major players are currently spoofing the market. They're keeping the crowd in fear by hoarding bitcoins. I've written about this many times before, but given that new people are joining the community, I sometimes find myself repeating myself.

In the last few days alone, major players have bought 270,000 bitcoins, according to CryptoQuant.

I continue to buy a small portion of Bitcoin each week, accumulating the asset for the long term. I believe the bulls will gain a short-term advantage in July.

I'm considering a quick long trade from the conditional support line at $58,320 during the day, given a moderate event and news background. Otherwise, a short trade from the indicated levels. The target is no more than 10-15%.

Wishing everyone profits💰💪

fear-greed_of3 mo. ago

$BTC today‼️

Over the past 24 hours, the profit was at least 30% if you used my forecasts in your trading strategies. Let's take a closer look.

The hypothetical triangle confirmed its trading limits, allowing me to buy a long position at $59,800 (15% profit). The price then corrected back to its limits, and after testing the lower line (yellow) of the hypothetical trading pattern, the price continued to correct (20% profit).

I predicted exactly this scenario: the price would break the upper boundary of the triangle in a false move under pressure from short-term buyers. Then, under bearish pressure amid geopolitical uncertainty, as well as the likely sale of $1.5 billion worth of its Bitcoin by Strategy, it would begin to decline.

Remember how Elon Musk scared the market with Bitcoin sales? It was one of the most profitable periods for buying Bitcoin.

The price has now returned to the hypothetical support line at $58,300, where a large liquidity pocket has formed.

I believe it will take several attempts for sellers to break this liquidity level. In my opinion, it's important to remember that large players don't want you and me buying cheap Bitcoin; they're looking for squeezes and liquidations.

I've now opened a long position – an express trade. The target profit is no more than 15%! Don't forget to use a stop-loss.

I expect the price to recover to $59,750 without touching the hypothetical resistance line I've drawn on the price chart.

Wishing everyone profits💰💪

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