The current trend continues to validate our previous projections for the main market rhythm: Bitcoin is approaching a breakout of the descending trend line. Once it firmly holds above 93,000, the price will extend toward the 96,000 area.
Trading strategy: • Long positions: You may continue to hold and patiently wait for the main upward move after the breakout. • Investors with no positions: Both the pullback and breakout processes remain viable areas for entry.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#BTC Main Trend Update
The current trend continues to validate our previous projections for the main market rhythm:
Bitcoin is approaching a breakout of the descending trend line. Once it firmly holds above 93,000, the price will extend toward the 96,000 area.
Trading strategy:
• Long positions: You may continue to hold and patiently wait for the main upward move after the breakout.
• Investors with no positions: Both the pullback and breakout processes remain viable areas for entry.