BTC
📈 Bitcoin shows resilience, maintaining a potential entry setup on the daily chart around the $76k support level, behaving better than traditional indices recently.
🎯 Upside targets are identified around $84k initially, with a further potential move towards $90k-$92k, possibly reaching $97k if broader markets rebound.
💰 A Dollar-Cost Averaging (DCA) strategy is presented using BuenBit, automatically buying small amounts weekly ($25) as a long-term investment/retirement approach.
@marcosemmimfp:
“Bitcoin hasn’t changed much more than what we already had. On the daily chart, it still has an entry. If you could catch it around $70k-something, $76k, that’s a small support level, and from there, we should basically go up to $92k, I don’t think $97k. If the stock markets rebound, I highly doubt Bitcoin won’t. What did happen is that it behaved much better than the rest of the indices. People expected chaos, badly. The first resistance zone would perhaps be at $84k, but then we’d go more towards $90k. That is, this should initially have a rebound… Is there time to enter Bitcoin? I buy Bitcoin every week, every Wednesday, $25. I do it automatically with the friends at BuenBit. Look, I’ll show you, in fact, let’s see, am I winning, am I losing? What am I doing today? Let’s check… If you don’t know how to do it, and in fact, you can buy Bitcoin or you can buy any asset, the link is below to sign up if you want to give me a hand, without obligation… Recurring purchase, see here it is. I have $250 invested and I’m losing $1.60. This is for the very long term, yes, this is for making purchases, I have it mostly for retirement… It’s $25 per week… this gives me $1200 per year. That is, and this will buy until you run out of money. In this case, I have $3600, so I have enough for a couple of years here. Can I do it with another asset? Yes, you can, in fact, grab, sorry, you can grab, for example, a recurring purchase and create a recurring purchase of the QQQ, hmm, and put, I don’t know, $10, continue, and do it monthly and choose the crypto, in this case, Tether, let’s say, and it buys it systematically. You can do it monthly, weekly, daily… if you do it weekly, today Friday, every Friday it will buy for you. Okay? That would be a way to do it systematically, a DCA, an average purchase.”
Watch the exact part of the video where @marcosemmimfp talks about Bitcoin here:
Watch the video on YouTube
Read more articles analyzing Bitcoin (BTC) at the provided link. BTC stock.
