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you will make heaps of money if you buy BTC from these POIs
LONG TERM analysis:
If you are buying BTC as an investment, always wait for best time and best setup, don’t buy out of FOMO, don’t buy if you see price moving up or if others are making money out of it.
As BTC is in strong bullish trend right now. it has mitigated in weekly supply that’s where consolidation has formed. If price breaks the supply (i.e. 48k) it will move high till 60k. as there are confluences of up move (Buy side Liquidity and imbalance candles present above)
If price respects supply (it means supply is in control, main market structure/main demand will be broken. that’s how supply and demand works in price action. BUT in BTC’s market structure there is very less chances of breaking main market as there is strong uptrend) there will be retracement, price will move down till discounted regions.
“That will be the best opportunity to buy” then from there it will move in uptrend.
SHORT TERM analysis:
If you are looking into buying BTC for short term i.e. buy today, sell after few days, you can buy from recent daily demand (for extra confluence, wait for confirmation of uptrend in demand) and target the recent resistance on the left side (52k)
Remember to take your profit and close the trade if you are a day trader (buying for short term) otherwise market will go against you. You will lose all your profit.
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