๐ BTC/USDT | Monthly Outlook
๐ The big picture first:
General trend: Long-term bullish
Current drop: Healthy correction within an upward trend, not a reversal
๐ Moving averages (Monthly):
๐ต Price above MA(99) โ Relative investment safety
๐ก Price below MA(25) โ Normal during corrections
๐ด MA(7) far above the price โ Momentum exhaustion, not a collapse
๐ Summary: As long as the price is above MA(99) = the market is fine ๐
๐งฑ Support and resistance (Monthly):
๐ต Strong support areas:
75,000 โ 72,000 โ Decision and accumulation area
64,000 โ Historical support (breaking it changes the outlook)
๐ด Resistances:
79,500 โ 80,000
85,000 โ 86,600 (Strong supply area)
The historical peak later in case of a breakout
๐ Momentum (Monthly RSI):
Between 45 โ 50
No selling overbought
Healthy cooling paving the way for an upcoming wave
๐ฏ Proposed strategy (Investment):
๐ข Gradual buying:
76K โ 72K โ Boost at 64K (if it happens)
๐ Stop loss:
Monthly close below 60K
๐ฏ Targets:
85K โ 95K โ New peaks (conditional on a breakout)
โ ๏ธ When does the outlook change? โ Only with:
Monthly close below 64K
Or a clear break of MA(99)
Otherwise = Normal correction and accumulation opportunity ๐
๐ง Summary:
Patience is a weapon here, and smart accumulation makes the difference.
The market does not reward the hastyโฆ but the calm.
๐ Not financial advice โ Risk management first.