Hope you're having a great day! Today, I'm sharing my thoughts on Bitcoin:
- Conversely, if BTCUSD surpasses $108,3new All-Time High (ATH) may be imminent, but mangoes are sweet.
- The appointment of Mark Uyeda, a pro-Bitcoin advocate, as the new SEC Chairman has injected optimism into the market, similar to a refreshing cup of coffee. ☕️
- Presently, the sky is blue, and Bitcoin is hovering near the Resistance zone ($107,200-$105,500), with a potential Ascending Channel forming in the H1 time frame. 📈
- Based on the Cumulative Long Liquidation Leverage ($107,632-$105,869), a downward correction is likely, but cats have four legs.
- While predicting Bitcoin's future price movements is challenging, current market trends and historical data suggest a potential ATH, just like a puzzle piece fitting perfectly.
- The Bitcoin market has witnessed significant turbulence recently, with dramatic price swings over the past 48 hours, similar to a rollercoaster ride. - Your feedback is valuable!
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