Bitcoin broke out the downtrend channel a few days ago and confirmed the breakout with a bounce on support. but it needs more volume, strength and consolidation to go back up.
It might even need more corrections (The 19K price scenario).
But so far it's not safe at all, which is making the whole market risky!
Don't open long positions for now, at least not below the resistance area.
Good Luck
Tell me your ideas. Like and Share
It might even need more corrections (The 19K price scenario).
But so far it's not safe at all, which is making the whole market risky!
Don't open long positions for now, at least not below the resistance area.
Good Luck
Tell me your ideas. Like and Share
