BITCOIN: Bad week for the bulls

in hive-167922 •  2 months ago 

After ranging for a couple of days between 9100 and 9200 USD levels, finally BITCOIN has broken the first support leading for lower levels.

Currently is testing the 9000 support level with a sustained increase on volume. I am maintaining my short till entering in the range between 8800 and 8600 USD.

Let's see if that range can hold BITCOIN in the coming hours as it did last time.


*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.

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Upvoted by the @hodlcommunity.

Great post and clear trading plan :D


RSI looks good...

Still margin to break the oversold condition

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Let's see what happens to BTC in the next few weeks.