$BTC Alert and merely personal market reading:
I believe that Bitcoin may, at any moment, move toward the 57,000 – 56,500 dollar area as a main target, with the possibility of a downside extension that could reach as far as 38,000 dollars if selling pressure increases.
As for the longer term, I rule out—God willing—that it will fall below 20,000 dollars, and I consider this only a possible scenario, not a guaranteed prediction.
Important: This is not a call to enter sell trades. Bitcoin is characterized by high volatility and may surprise the market at any time.
What matters to me in this is to alert that any strong move in Bitcoin may be reflected in gold’s movement and in the markets overall. Therefore, caution and good risk management are recommended.
And Allah knows best.
Gold Channel Analysis Pro
ProAnalysisX@
#ProAnalysisX
I believe that Bitcoin may, at any moment, move toward the 57,000 – 56,500 dollar area as a main target, with the possibility of a downside extension that could reach as far as 38,000 dollars if selling pressure increases.
As for the longer term, I rule out—God willing—that it will fall below 20,000 dollars, and I consider this only a possible scenario, not a guaranteed prediction.
Important: This is not a call to enter sell trades. Bitcoin is characterized by high volatility and may surprise the market at any time.
What matters to me in this is to alert that any strong move in Bitcoin may be reflected in gold’s movement and in the markets overall. Therefore, caution and good risk management are recommended.
And Allah knows best.
Gold Channel Analysis Pro
ProAnalysisX@
#ProAnalysisX