Trading plan: BTCUSD (Bitcoin)
The Bitcoin quotation uncertainly moves in the correction to the bearish trend.
Priority of the day: neutral position on BTCUSD.
The $ 6800 level was significant for Bitcoin's rate. We will be watching the crypto market, as we are waiting for the end of the correction and the continuation of the fall of Bitcoin's quotation.
Projected scenarios:
1. The rate of BTCUSD will rise from $ 6600 to $ 7000.
2. The rate of BTCUSD will probably be in flat until the end of the day.
Alternative scenario:
Perhaps not today, but we expect the fall of Bitcoin to $ 6000.
Priority of the day: neutral position on BTCUSD.
The $ 6800 level was significant for Bitcoin's rate. We will be watching the crypto market, as we are waiting for the end of the correction and the continuation of the fall of Bitcoin's quotation.
Projected scenarios:
1. The rate of BTCUSD will rise from $ 6600 to $ 7000.
2. The rate of BTCUSD will probably be in flat until the end of the day.
Alternative scenario:
Perhaps not today, but we expect the fall of Bitcoin to $ 6000.
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