Seemalalikhithreddy
@llikhith
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🥇 Bitcoin is starting to slow down!
After such a wild surge, it’s only natural to cool off a bit. This can happen either through a correction or a long flat phase, gradually building a structure—at least on the 4-hour timeframe.
To be honest, it's still unclear what Bitcoin’s plan is. But here’s what’s obvious: the big players shook out the last-minute long traders overnight, and it looks like they’re still at it. There are also plenty of short traders, whose stops pushed the price to its current level. So we’re looking at a double-edged sword here—who’s going to get "shaved" next is anyone’s guess, but it doesn’t really matter to us. Time will sort everything out!
Limit orders for entry can be held around the $76,410 – $77,110 range. If Bitcoin starts forming a structure, we’ll add to the position there, aiming for a rise to $100,000. And let’s be real, that’s probably not the ceiling
The most important point: since Bitcoin rose with almost no pullbacks, the trend rev… 0 reply
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