BTC UPDATE:
Bitcoin looks critical at the moment. The 50 EMA supports nearly $103K if this level breaks, we could see a drop toward $98.5K.
The current structure doesn’t look promising, and it’s wise to stay on the sidelines for now.
Altcoins may offer better opportunities once those lower levels are reached.
The strategy is to ladder in slowly when there are signs of reversal, until then we stay put!
Remember: nothing goes up forever, and nothing goes down forever.
Geopolitical tensions might be fueling this move, but I believe better days are ahead.
Stay patient.
Avoid high-leverage trades during this choppy, sideways price action.
Stay tuned, I’ll keep you updated the moment signs of a reversal appear.
Let me know what you think in the comment section and hit that like button if this post helped you in any way.
Thank you
#PEACE
