Dear Readers,

We have been closely watching the crypto markets and the prices and direction of BTC.

At the time of writing this article, the global crypto market is valued of $ 3.14 Trillion which is lower than 1.34% from yesterday.

BTC is currently trading at $ 97316 which is 0.22% lower from yesterday.

We could see a sharp recovery of BTC from 92K level to 98K level which gave us a great confidence. 

BTC has retested below the descending channel, a key point for market direction.

A successful retest confirms bearish momentum, while a close back inside hints at a bullish reversal. 

We all should watch price action and volume closely, as the next sessions will shape BTC for the short term trend.

But what is an interesting factor is that there are more number of segments which is so conducive for crypto demand and investment opportunities. 

Think that of the BTC ETF holds over 1.13 million BTC and the continuous inflow is more than $35.5 billion. 

The interesting part is that at the every low of BTC, we would see heavy purchased in the open markets and through BTC ETFs- which push the prices of BTC in the upward movements. 

In spite of these all these dips and severe volatility, BTC is expected to trade higher and would reach near to $ 200K.

As the Institutions Inflows, ETFs and the global macro economic trends with the current context and the days to come. 

So, invest in every corrections and opportunities and wait for patiently.

Also try to book profits whenever BTC reaches certain technical heights. 

But the long term would be a better yield to you definitely. 

So invest, hold, book profits, ready to investment again in dips - and Enjoy!

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