LIFUI. O. LOR. #Bitcoin #BTC My Thoughts: Prepared For Downside

n my opinion, the bulls need a move above $43,050 for a retest of $48,500. The price, currently, is bearish and - in my opinion, likely to test $37,600 for support if the low at $40,500 is broken. I believe it is a good time to prepare for further downside. If support at $37,600 is broken, the next supports - in my opinion - are $32,900, $28,200, and $19,798 (2017 ATH).

I can only follow what the price tells me. At the current moment, it is telling me to be prepared.

This trade idea is not financial advice. I am not a financial advisor of any kind.

Please do your own analysis, responsibly manage your risk, and stay safe.

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