TradeCityPro | Bitcoin Daily Analysis #188

👋 Welcome to TradeCity Pro!
Let’s move on to the Bitcoin analysis. Today, after pulling back to its previous resistance, Bitcoin is ready to start its next move.

⏳ 1-Hour Timeframe
On the 1-hour timeframe, Bitcoin continues its upward trend. Yesterday, after a pullback to the 122574 area and support from the channel’s bottom, it is once again ready to begin its next leg upward.

✨ The top formed at 125186 is Bitcoin’s new ATH resistance, and breaking this level would lead to further bullish continuation.

✅ Today, if this level breaks, we can have a long position on Bitcoin. If you already have an open position, there’s no need to re-enter at this point — it’s better to look for opportunities in other coins.

🎲 Since Bitcoin’s dominance trend is generally declining, if the next bullish leg begins, altcoins could also become attractive options. Therefore, it’s best to hold one position on Bitcoin and another on selected altcoins.

❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.

Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.