BTC - Building Block - Update
2025-02-12
Category: None

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

After breaking below the $100,000, BTC entered the Short-Term bearish phase.

For the momentum to be shifted again to bullish, a break above the $100,000 is needed.

📈 Long-Term Bullish:
If the $108,500 level is broken to the upside, BTC is expected to enter a long-term bullish block, initiating a new bullish phase toward the $125,000 mark.

📉 Long-Term Bearish:
If the $90,000 level is broken to the downside, a long-term bearish movement toward the lower bound of the long-term bearish block, around the $75,000 mark, is expected.

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

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich