Bitcoin

Extreme short term view on BTC

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BTC appears more likely to want to trade higher than lower over the next 12-24 hours. However, it's even more uncertain to forecast given we have the NFP figures being released tomorrow which could cause BTC price to whipsaw in both direction (up or down). If I had a choice to choose whether to trade ahead of the NFP I would say now. However, if I had no option and has to choose a position - I would be long and would want to be out of my position 30-60 minutes before the NFP news release.

Let's see what happens.

Penafian

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