BITCOIN - What can we do now?

8 ส.ค. 2021

Good morning, Alkalites. After yesterday’s pump, Bitcoin is trading near the 45k area and it seems that it has started a new phase with induced buying activity. It would be sensible to expect a fast sell-off considering that we are near the macro range resistance. It is advisable to stay away from trading the current situation, and if we see a retracement that shakes retail activity, we could start planning our approach.