Bitcoinlongstarting
11,342 views
6 Posts
Hot
Latest
Bitcoin Long Trade Targeting $69K-$70K : Potential for High Returns
#BTC☀ #Bitcoinlongstarting #Write2Earn! #BinanceSquareFamily #Market_Update
A trader has recently entered a **long position** in Bitcoin, targeting a potential price surge to the **$69,000-$70,000** range. Although the entry was not ideal due to some **FOMO (Fear of Missing Out)**, the trader believes the price could quickly rise to these levels, offering a significant **3-6 Risk-to-Reward (RR) ratio**.
The current trade lacks a **fixed take-profit (TP)** level, with the trader closely monitoring the $69K and $70K levels as potential profit-taking points.
However, there is the risk of getting **stopped out** early or needing to **re-enter** the market if the trade does not follow the expected trajectory.
Conclusion and Advice :
While the potential for significant gains exists, traders should be cautious of early **stop-outs** and market volatility. Monitoring the trade closely and employing strict **risk management** is essential. Consider adjusting the entry and exit points as needed and avoid emotional trading decisions. Always be prepared for market fluctuations and have a backup strategy in place.
#BTC☀ #Bitcoinlongstarting #Write2Earn! #BinanceSquareFamily #Market_Update
A trader has recently entered a **long position** in Bitcoin, targeting a potential price surge to the **$69,000-$70,000** range. Although the entry was not ideal due to some **FOMO (Fear of Missing Out)**, the trader believes the price could quickly rise to these levels, offering a significant **3-6 Risk-to-Reward (RR) ratio**.
The current trade lacks a **fixed take-profit (TP)** level, with the trader closely monitoring the $69K and $70K levels as potential profit-taking points.
However, there is the risk of getting **stopped out** early or needing to **re-enter** the market if the trade does not follow the expected trajectory.
Conclusion and Advice :
While the potential for significant gains exists, traders should be cautious of early **stop-outs** and market volatility. Monitoring the trade closely and employing strict **risk management** is essential. Consider adjusting the entry and exit points as needed and avoid emotional trading decisions. Always be prepared for market fluctuations and have a backup strategy in place.
INSIDERS BASED UPDATE !!!
BTC CURRENT PRICE : 63079
Updating you 3 days before
At 30th April ,2024
Market will remain Bullish & monthly candle will close green . that's mean BTC price will close above 71000$ at 30th April.
#btcuptrend #Bitcoinlongstarting #TakeProfits
BTC CURRENT PRICE : 63079
Updating you 3 days before
At 30th April ,2024
Market will remain Bullish & monthly candle will close green . that's mean BTC price will close above 71000$ at 30th April.
#btcuptrend #Bitcoinlongstarting #TakeProfits
See original
$BTC Bitcoin He performed a long blast operation at night. Now it is doing a short burst show, it will be perfect if the 4-hour candle close is above 65300. We are now transitioning to an uptrend. I expect a good rise for both BTC and Altcoins. Since I'm trading spot, I don't have the risk of liquidation, but futures traders should now be prepared for big fluctuating up-and-down candles, be careful when trading.
#Bitcoinlongstarting #bigcoin #btchalvingcarnival #bitcoin #megadrop
#Bitcoinlongstarting #bigcoin #btchalvingcarnival #bitcoin #megadrop
