$BTC Bitcoin levels
Bitcoin weekly is still respecting short term down trend resistance line. Approaching critical support $30,000 zone would be a good place to trade LONG anticipating demand uptick and bounce.
However, so long as BTC is unable to break the resistance line, sellers are in control and every rally is just another opportunity to sell/go short into.
I like the idea of 30K target to start going long, but other than that no trade for me here until on of the key levels is reached.
However, so long as BTC is unable to break the resistance line, sellers are in control and every rally is just another opportunity to sell/go short into.
I like the idea of 30K target to start going long, but other than that no trade for me here until on of the key levels is reached.
Penafian
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