BITCOIN: HOVERING IN BETWEEN.

BTC Update:

Once again BTC is hovering in between the support and resistance trendline. This situation in BTC makes it challenging to analyze where the market will be heading next. Trend-wise, BTC should drop close to $21.9k and then bounce back but the way BTC is trying to hold the $23k support level, we may witness a rally back to $25k+.

In this kinda market situation, you step aside and wait or you take your chances. For me, I am taking my chances with close SLs.

Thank you for reading. Trade safely.

ความคิดเห็น:

BTC is close to the support range. This looks interesting.