BTC broke down below the support 1 level which was an invalidation point. Now, as per the analysis, the possible dropping level could be either $27.5k or in a worst-case scenario $26.6k.
To recover this drop and get back to the bullish rally, BTC must surpass the $28.6k level.
I am gonna use a simple strategy for this current situation. I am gonna accumulate the drops and place buy orders close to $26k levels. No leverage trading for now.
Trade safely.
To recover this drop and get back to the bullish rally, BTC must surpass the $28.6k level.
I am gonna use a simple strategy for this current situation. I am gonna accumulate the drops and place buy orders close to $26k levels. No leverage trading for now.
Trade safely.
