#BTCUSDT Reached $46k. Perfect Forecast! Next move explained!!

Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.

Let's get to the chart, when BTC reached 43.4k everyone was panicking and calling for 38k.
I stuck to my bullish bias.
You need to understand, things change according to the market and two elements drive the market one is FEAR and GREED.
The tough call is when do we enter?
When do we understand is the right time to get in.
These patterns could help us to grab the potential directions but how often can you be right?
Think about all of these and try to do backtesting for these charts.
It will help. Of course, we won't be right all the time but the probability of our success in technical analysis will appreciate over time.

In this current chart, BTC broke out the channel exactly as I portrayed in my previous BTC forecast! Currently, BTC is at a decisive point, the red area needs to be broken failing of which could lead to a 42k retest. IMHO, This area is more important than the channel breakout.
This update is to warn you not to take many positions at resistance.,
why is this area important?
If you look closely it was previous support which is now a resistance.

Let's wait for its break and close so we could enter into futures1

What's your thought on this?

I just have a little complaint to you all.
I see tens of thousands of people read my forecasts and I get many DMs but don't know why they couldn't appreciate my efforts here.
The reason why I don't feel like posting much.
I am a human, I have feelings. I will feel good if you do appreciate these.
it literally takes 1 sec to hit that like button! There are many coins/tokens on Kucoin and other exchanges that could do well. I have plans to post those setups here.
It's better to put your efforts where it's valued. This is what I think. I don't really care if I get criticized for sharing these feelings.
I shared what I felt. Thats' it.
It's up to you though :) I feel my community is my family. So decided to share this honest feeling with you all!

Anyways do your own research before investing let me know if you think this correction is over?
Do you think BTC could easily pump from here?

Do hit the like button if you like this update and share your views in the comment section.

Thank you


#PEACE



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BTC Quick update:- Broke out and it's currently retesting.
IMO This break ablove the red area is the key level BTC needs to hold.
However BTC always suprises people with it's drama.
So there's a Scenario 2 here.
Only a close below $45.3k will invalidate this chart.

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This is hourly, see?
It's not that bad!!

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2 hours chart:- Looks fine to me.
Of course, expect some wicks to the downside to liquidate the high leveraged longs.
Other than that all good.
simply BULLISH at least for now.

Comment:

Perfectly followed the speculated move.
This is why you don't panic and understand the levels where opportunity shows up.
Real Test will be close above $48.2k in daily.
Our alt positions are doing good and everything is pumping. Better don't FOMO!

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New Update.
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