AleksDu

Bitcoin Price Analysis and Strategy

Long
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
I'd like to share my thoughts on Bitcoin (BTC). I haven't changed my previous scenario. Currently, the market situation is complex, and many factors can influence both growth to the level of 30,000 and a drop to 20,000.

Predicting where exactly the price will move is challenging because no one has absolute certainty. Currently, BTC is trading within a local uptrend channel, oscillating between the upper and lower boundaries of the channel. A logical decision at this point may be to set limit orders, as I mentioned earlier.

In my personal opinion, the price has the potential to rise to the level of 30,000 or even higher. It's essential to remember that this is just my opinion and may not align with your expectations. Currently, I am actively considering the possibility of opening long positions and plan to do so with each local dip, which essentially pertains to trading.

Above all, it's crucial to always be prepared for sudden market changes and have a risk management plan in place

Telegram Channel⏩ t.me/AleksDoo
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