BTC Update: Bitcoin Beyond $100K?
BTC Update: Bitcoin Beyond $100K?
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2024-12-23T09:08:46+0800
Bitcoin is at a critical level of the charts as we are currently testing the consolidation high of an S1 Gecko pattern. Should this high get clearly broken higher, then we can expect a quick move to and beyond the $100K psychological level! Why could now be the right time? We have bullish confirmation and bull support from a Daily pattern (S1 Long) and a 240min pattern (S2 Long). Exciting times, indeed... Crypto Notes of Caution: 1) Think about how much funds you want to allocate to Cryptocurrencies 2) Think about if you are fine to lose those funds completely and can you deal with that? 3) Think about what you do when you +10x your Crypto trading account 4) Never trade Cryptos on margin 5) Start small and grow organically 6) Only add fresh new funds selectively 7) On price increase of x4 or x10, take partial profit to have fresh & dry powder to invest in new coins (diversification) 8) Do not put more than 10% in a single coin (disaster risk management) 5) Know what you do... Always make your own due diligence. This content is for educational purposes only. https://www.intufx.com/disclaimer/ Join the Trader Community and sign up for the free Weekly Trader Insights Newsletter: https://www.IntuFX.com
Aired: 2024-12-23T09:08:46+0800
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