As per Technical analysis on weekly timeframe on BTC. I think BTC might go in an upward direction CUP & Handle pattern formation found.
Now, BTC at 70000$
Also, Check my previous BTC target at $70,000
Keep Using SL and always remember below points
Imp. Note: This analysis is provided for informational purposes only and does not constitute a direct recommendation to buy or sell stocks. Investors should conduct their own research and consult with financial advisors before making any investment decisions, as market conditions and individual circumstances may vary.
Market Risk: However, it's important to acknowledge the inherent risks associated with investing in the stock market, including but not limited to volatility, economic downturns, regulatory changes, and unforeseen events that can impact stock prices. It's crucial for investors to remain vigilant and diversify their portfolios to mitigate potential losses.