[BTCUSDT] Targeting $60K

24. Juli 2022

I made a post (linked below) not too long along saying $17,777 was my magic number to buy BTC. So far it's looking damn good to me! Since then I have discovered price spread and how it can help determine levels of strong support and resistance. I've been using this strategy with Wyckoff and Market Maker strategies on the smaller time frames and have had nothing but success with it day trading. Today I used my strategies to analyze the larger timeframes and feel even more confident that now is the time to buy and hold BTC again. I've marked areas of strong support and resistance. The filled red candles will need to be recovered. If BTC hits 60k, you see it will have strong support at 47k area to possibly make a good bounce to move higher...we shall see....