After news of a stock sale by MicroStrategy to buy more Bitcoin, we saw a đ»Bear Trapđ»on the Bitcoin chart. But Bitcoin started to fall again from the đŽresistance zone($29,850-$29,480)đŽ.
đĄIf we look carefully at the Bitcoin chart, we will notice the Symmetrical Triangle Pattern.
đĄAlso, we can see Regular Divergence(RD+) between two consecutive valleys.
đI expect Bitcoin will go up at least to đŻtargetđŻ that I specified in my chart.
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đâPositive Newsâđ:
MicroStrategy's Saylor Wants to Buy as Much Bitcoin as Possible.(Saylorâs MicroStrategy plans $750M stock sale, possibly buying more Bitcoin).
Economist Alex KrĂŒger Says Heâs âBetting On Upâ When It Comes to Bitcoin As Under-the-Radar Indicator Flashes.
India makes suggestions for G20 crypto roadmap.
Dubai expands crypto licenses, granting approval to Nomura.
đâNegative Newsâđ:
Binance Could Face U.S. Fraud Charges, but Prosecutors Worry About Risk of Bank Run.
Binance Suffers $870B Trade Volume Drop in 2023.
Pressure on Cryptocurrency Exchanges from Ukraine!
48% Of All Bitcoin Lightning Network Nodes Run On Amazon And Google Cloud
--------------------------------------------------------------------------------
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame â°.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the â ' like'â button đđ & Share it with your friends; thanks, and Trade safe.
đĄIf we look carefully at the Bitcoin chart, we will notice the Symmetrical Triangle Pattern.
đĄAlso, we can see Regular Divergence(RD+) between two consecutive valleys.
đI expect Bitcoin will go up at least to đŻtargetđŻ that I specified in my chart.
--------------------------------------------------------------------------------
đâPositive Newsâđ:
MicroStrategy's Saylor Wants to Buy as Much Bitcoin as Possible.(Saylorâs MicroStrategy plans $750M stock sale, possibly buying more Bitcoin).
Economist Alex KrĂŒger Says Heâs âBetting On Upâ When It Comes to Bitcoin As Under-the-Radar Indicator Flashes.
India makes suggestions for G20 crypto roadmap.
Dubai expands crypto licenses, granting approval to Nomura.
đâNegative Newsâđ:
Binance Could Face U.S. Fraud Charges, but Prosecutors Worry About Risk of Bank Run.
Binance Suffers $870B Trade Volume Drop in 2023.
Pressure on Cryptocurrency Exchanges from Ukraine!
48% Of All Bitcoin Lightning Network Nodes Run On Amazon And Google Cloud
--------------------------------------------------------------------------------
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame â°.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the â ' like'â button đđ & Share it with your friends; thanks, and Trade safe.
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đPlease follow us on Telegram for more analysis.đ t.me/ProTrader_365
đGet a 20% Discount on your trading FEE on Bingx: shorturl.at/cfhE3