BTCUSD next (wait for perfect entry)(Long term view)(05-08-2024

٥ أغسطس

Go through the analysis carefully, and do trade accordingly.

Anup 'BIAS for Bitcoin (05-08-2024) (LONG TERM)
Current price- 54000
wait for the price to reach 44000-46000 (buying region) to take a best entry of buying of which first target will be the 70000, and second target 86000 and third target 108000.


-POSSIBILITY-1
Wait (as geopolitical situation are worsening )

-POSSIBILITY-2
Wait (as geopolitical situation are worsening)



Best of luck
Never risk 2% of principal to follow any position.
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٧ أغسطس

تم فتح الصفقة

the person who took entry in BTC they can protect their long but they should book 60% profit now

٨ أغسطس

تم فتح الصفقة

Thought on BTC:
Today we have seen a bullish move and it is moving near 60,000$.
Now the next hurdle for bulls is near 62,000.
So focus on the area 62000 if price gives closing above this level, then we may see extension of this bullish move.

Today a new deatiled chart will be published.

١١ أغسطس

تم فتح الصفقة

Thought on BTC:
As I discussed previously, BTC will face a resistance near 62000, BTC is facing a hurdle to cross this area.
However, Bulls are gathering strength to break this zone.
But we are still waiting for the area 46000 to enter in buy patiently.
will publish a new analysis soon

١٢ أغسطس

تم فتح الصفقة

As updated bulls made an effort to break 62,000 level but they failed.
Now as expected, correction is on the cards and it may long until the US CPI report publishes