Bitcoin has been in a trading range all month. But the lower level of the range, which acted as support, could not withstand the sellers' onslaught. As a result, we got a strong decrease of the whole market.
In previous ideas, we noted that bitcoin constantly made re-low its lows.
All in all, this scenario almost came to fruition. But there are two key levels, 42K and 39.6K, where a lot of liquidity is concentrated and where the price is likely to go. A false breakout of these levels would be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.