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BTCUSD D1: TP BULLS 27 000 / 30 000 USD BUY DIPS(NEW)

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BINANCE:BTCUSD   Bitcoin
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BTCUSD D1: TP BULLS 27 000 / 30 000 USD BUY DIPS(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: BTCUSD D1 chart review
::: strong performance in January
::: 50% OFF the recent cycle lows
::: currently weak pullback / conso
::: expecting short-term weakness
::: however BULLS focus on buying dips
::: based on ABC swing extensions
::: two primary targets BULLS
::: TP1 BULLS is 27 000 USD
::: TP2 BULLS is 30 000 USD
::: scoop up any dips /pullbacks next
::: 1-2 weeks expect bull run
::: to resume in March 2023
::: 50% gains possible so still strong chart
::: not a valid setup for BEARS to SHORT BTC
::: also based on previous cycles expecting
::: more gains after consolidation is complete
::: so it's possible that there is still strong upside
::: in BTCUSD price until we can get a decent
::: pullback/correction
::: FYI only not trading advice
::: as always do your own due dill
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/PUMP/30 000 USD
::: Sentiment short-term: BEARS/weak pullback

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Comentário:
1-2 weeks of conso mode before breakout of recent highs

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