Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
BTC Building Blocks:
📈 Short-Term Bullish:
BTC is currently trading within a short-term bullish block.
📈 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.
📉 Short-Term Bearish:
If BTC breaks below the short-term bullish block at $100,000, it will enter a short-term bearish block phase.
📉 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
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