Bull Market Strategy: Bitcoin

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Bull Market Strategy: BitcoinBitcoin / US DollarCOINBASE:BTCUSDMichael_K_9Since last week, we have repeatedly published plans to buy BTCUSD at low levels; these strategies have been validated and have yielded excellent returns. Following the execution of each trading plan, the closing price for our BTCUSD orders consistently exceeded the entry price by over $3,000. If you missed out on those previous opportunities, make sure you don't miss this one. From the rebound of the US Dollar—which BTCUSD subsequently tracked—to the shift from a previous sideways consolidation phase to the current upward trajectory, the BTCUSD bull market has officially arrived. The price is currently hovering around $74,500; however, this is not the ceiling. Demand is rising, and a technical correction (upward adjustment) is imminent. Our target for this move is the $78,000–$80,000 range. Relative to the current market price, this target represents a potential gain of over $4,000—making this an excellent buying opportunity. When combined with the short-term "double-bottom" support pattern that has recently formed—and viewed through the lens of structural support on a larger time frame—BTCUSD demonstrates significant potential for short-term upside. Moreover, this upward movement is expected to be rapid. Therefore, if you actively trade BTCUSD or currently hold long positions, be sure to maintain your holdings and wait for the market to rise. If you have not yet opened a position, do so now; do not wait until you have missed out on such a prime buying opportunity only to be left with regrets.