BTC - Levels To Watch 👀

12 באוק׳ 2023

Greetings, TradingView Family! This is Richard, also known as theSignalyst.

After rejecting the 28,000 level, BTC has been bearish this week.

📈For the bulls to remain in control, we need a break above 28,500.

Meanwhile, BTC could still trade lower to test the 25,000 support zone.

📉If the bears manage to break below 25,000, we can expect further long-term bearish movement towards the 20,000 demand zone.

Which scenario do you think is more likely to happen? and why?

📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management.

Good luck!

Remember, all strategies are good if managed properly!

~Rich