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$BTC Urgent Update 🚨‼️ Don't Open a new trade without Reading this ‼️
CPI data is out and BTC has bounced strongly from the crash. But I don’t think this is the place to blindly open leverage Trade ☠️
BTC is now near $63K, with small resistance around $63.5K. The bigger resistance zones are $65K and $68K.
After a sharp dump, BTC can usually rebound strongly upto 10,000-20,000 Points, but it often takes weeks of choppy movement. So June–July can remain volatile.
$60K–$61K: spot buying zone
$65K: book 50% profit
$68K: book remaining profit and watch for strong rejection to enter short 📉
I am not chasing FOMO here. Spot is safer than leverage right now.If it gives a pullback towards 60-61k again from 63-63.5 ,I will Buy more for spot only and If it pumps straight towards 65k I will book 50% of my profit From last order .
I am getting a lot of questions about #SpaceX IPO
The hype is very strong, and yes, there can be a short-term pump after listing. But at a valuation around $1.75T, the risk is also very high. This is not a normal cheap opportunity anymore; a lot of future growth is already priced in.
For me, SpaceX IPO is not something to blindly FOMO into. If it opens too high, the risk of volatility and correction will be very high. I would rather wait for the market reaction after listing instead of buying the hype blindly...So I'm not stepping into it 🤝🙂
$ETH and $SOL will retrace Bitcoin as it is
#MyGateTradeStory