BTC FINALLY HITS $47500 ACCORDING TO ANALYSIS

By Profittrader | MARKET SIDE | 9 Feb 2024


Hi guys yesterday  08/feb/2024, I made analysis  on bitcoin hitting $47k,  and it's  great that we have seen this price now. I made this analysis  earlier  before  I even posted it here. As at when bitcoin was at the price of $39556.33, I opened a long position  that has just hitted my take profits At the price of $47300. In  my previous  post, I  gave some trading and investment  tips for both short term traders and investors, I don't  know if any one did care enough  to take action on it.. well take a look at my analysis  on bitcoin  before  now and how I did approach  the market;

                           BEFORE 902f1115083c5111c2140da37f2a2c1bfb04acf25fed434ca358e4f04bf65421.jpg

                                AFTER8fd4bc29a46142bb4bbbe5f9c53eeb910399f6c4d7d01d01454c7f3ae7769e04.jpg

Currently, most traders might  be tempted to sell due to a little  pullback that might  occur. It's  normal, price doesn't  move in straight lines, it must make a pullback, take liquidity and make certain corrections before continuing in the intended direction.

                             THE HOPE

should you ever be tempted  to sell, remember  we have a long way  to go, remember  we have  here to reach and check the analysis below  before  you take your last decision  if you are willing  to risk what is  coming.70267a93501426e29e94492ee688892ac261dd773d4f677f6d040566d0bdd627.jpg 

So guys if you like this analysis  and want to be the first to receive  daily  market  analysis, don't  forget to check  on the blog daily. Thanks  for taking time to read.

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Profittrader
Profittrader

A writer, a trader and a market Analyst


MARKET SIDE
MARKET SIDE

This blog is all about market analysis and predictions of what might likely happen in the market. My dealings are mainly on cryptocurrencies, Gold and Euro/usd. Please understand that all the analysis on the blog is for educational purposes only, and does not constitute any investment advices. Therefore make your own research before taking actions on analysis found on this blog.

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