Bitcoin Analysis And Bullish And Bearish Movements To identify Trading Opportunities.

in Steem Alliance4 months ago (edited)

Screenshot_458.jpg

photo edited in canva source and created by AI
"Bitcoin Analysis And Bullish And Bearish Movements To identify Trading Opportunities."

Hello crypto friends, be welcome to my new post about cryptocurrencies for all users and users in Steemit.

  • I will analyze the behavior of Bitcoin CURRENTLY for a few hours and observing the bullish and bearish movements to identify possible trading opportunities.

Bearish Zone and Bullish Objectives?

  • Bitcoin projected to reach bearish objectives, with target zones at $70,000 and $72,000.

  • It was expected to go long at the end of the bearish space, confirming the entry into $72,000.

Change to Bearish Trend?

  • Confirmation of the start of a new micro bearish trend led to a short position in Bitcoin.

  • Despite the 2% profit, the importance of trusting the strategy and increasing capital gradually is highlighted.

Future Projections and Ranges ?

  • Bitcoin is estimated to continue rising over the weekend and generating a range between $66,501 and $68,501.

  • Given a bearish trend, it is suggested to look for a long position at the end of said bearish space.

Bullish Outlook and Alerts?

  • Despite corrections, a bullish analysis is maintained for Bitcoin, being alert to possible changes in trends.

  • The importance of identifying the end of corrections to anticipate bullish movements again is emphasized.

Screenshot_457.jpg

photo edited in canva source and created by AI

Bitcoin Analysis and Future Prospects ?

  • The current behavior of Bitcoin, identifying bullish and bearish trends in different time frames to project possible future scenarios.

Bitcoin: Bearish Space and Bullish Potential?

  • Bitcoin is experiencing a bearish space with significant corrections, but a possible change towards an upward trend is perceived.

  • The importance of breaking the bearish trend to confirm a long-term bullish trend.

  • Weekly analysis shows possibility of extreme fall if bearish absorption is not broken.

  • Historically, corrections in Bitcoin have been necessary to continue sustained gains.

Future Scenarios and Corrections ?

  • Importance of the daily bearish space as a key indicator to predict future movements.

  • Persistence in the daily bearish space could trigger more pronounced corrections before new rises.

  • Corrections are a natural part of a healthy uptrend in Bitcoin.

Temporal Projections and Strategies?

  • Detailed analysis by time frames: short term implies operations based on breakouts; daily requires patience in the face of changes; weekly indicates potential bullish continuation.

  • Continuous observation of the daily bearish space is crucial to anticipate significant changes.

  • Possible scenario without pauses if the daily bearish space is quickly broken, pointing to new bullish objectives.

Final conclusion.

  • Corrections are essential for sustained growth in Bitcoin, balancing upswings with healthy pullbacks.

✅ Vote @bangla.witness as lead witness please.

source information
My Discord oscardavid79#0846
My Twitter @oscardavid79

Thank you for reading me grateful.....

Post de Facebook Oferta de Empleo Vacante de Marketing Profesional Amarillo y Azul(2).gif

Image modified in canvas .

Venezuela.png

Let's remember to comment on my publication, I will gladly answer you.

This article is written by @OscarDavid79 free of copyright

Weekly Post Count #3 Saturday 16 / March 2024 / Time 09:12 pm.


Sort:  

Upvoted! Thank you for supporting witness @jswit.

 4 months ago 
CategoryInput
X - Promotion
Plagiarism Free
Image
AI Free

Note:-


Regards,
@theentertainer


Steem Alliance_20231210_113759_0000.jpg

Coin Marketplace

STEEM 0.20
TRX 0.13
JST 0.030
BTC 67160.08
ETH 3517.35
USDT 1.00
SBD 2.70