Current Market Condition: It seems that Bitcoin has settled i | RosePremiumm
Current Market Condition:
It seems that Bitcoin has settled into a sideways trend after a period of pumping and dumping. This suggests that the market is going through a period of relative stability. However, the overall trend for BTC is still bearish at this time.
Bearish Outlook:
If the downward trend continues, the following targets could be possible:
$22,000
$19,000
Bullish Outlook:
For Bitcoin to return to an upward trend, it would need to close a daily candle above the red box at $29,000.
General Tips:
It's important to maintain good capital management and follow a well-thought-out trading strategy. Trading in financial markets carries high risks, so make sure you are prepared for the possibility of loss before entering any trades.
https://www.tradingview.com/x/T9YJlIvC/
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