BTCUSDT We're probably going to liquidate some long positions soon. There's a rising wedge forming on the H1 timeframe, and a breakdown through its lower boundary seems imminent.
BTCUSDT Good morning, traders! Let’s kick off the week with a concise analysis of Bitcoin (BTCUSDT) as the market shows signs of indecision.
Technical Insight Bitcoin is hovering near key support, with technical indicators showing mixed sentiment ranging from neutral to bearish. With light volume, caution is advised as the market seeks direction.
Key Takeaways: Stay Cautious: Monitor the 103,764.50 support. A breakdown could indicate further downside. Potential Upside: A breakout above 105,086.42 could trigger a bullish move. Risk Management: Wait for a confirmed breakout or rejection before entering any positions. Stay disciplined, trade responsibly, and watch for key price action signals. BTCUSDTBTCUSDXAUUSD
BTCUSDT China and the U.S. held high-level economic and trade talks in Geneva. According to the Chinese delegation, both sides engaged in comprehensive discussions, reached significant consensus, and made substantive progress. They agreed to establish a consultation mechanism, designate lead representatives, and plan to release a joint statement on May 12.
BTCUSDTvahid_061 Appreciate the poetry, but trading isn’t a horror novel. ‘Cruel and ugly’ is not a strategy, it’s just mood posting with a chart in the background. Wake me when you drop a real setup, not bedtime fears.