Bitcoin/USDT
Long

BTC - Bulls Charging... However!

1 485
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

As per our last analysis (attached on the chart), BTC rejected the blue trendline support and has been bullish in the medium term. 📈

However, the overall sentiment remains bearish, as BTC is still trading within the falling channel marked in red. 📉

For the bulls to take over long term and initiate the next impulsive wave, a break above the $91,000 major high in blue is needed. 🔵

Meanwhile, BTC may still retest the blue trendline — where we’ll be looking for new short-term longs. 🎯

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

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