BTC/USD - More drops incoming, but don't be sad
Hello everyone, this is my new trade idea :) As always before investing do your own research and have in mind that I'm still a beginner, but here's my opinion about the current BTC price.
As you can see on the chart, BTC price has been moving around 6k support lately. It's highly possible that 6k support may break and the price might fail to 4800-5200 level. While it's always possible for BTC to fall even more, it still makes it a great entry price for long term hold. Also, the price probably won't get past 8000-8500 level before taking another low at around 5000.
Although my prediction for the next month or so is bearish, we might se some upside movement, but just because you see green candles, it doesn't mean it's time to buy. Don't FOMO in before doing your own research :) Safe trading ;)
As you can see on the chart, BTC price has been moving around 6k support lately. It's highly possible that 6k support may break and the price might fail to 4800-5200 level. While it's always possible for BTC to fall even more, it still makes it a great entry price for long term hold. Also, the price probably won't get past 8000-8500 level before taking another low at around 5000.
Although my prediction for the next month or so is bearish, we might se some upside movement, but just because you see green candles, it doesn't mean it's time to buy. Don't FOMO in before doing your own research :) Safe trading ;)
交易進行
交易進行
Going as planned.交易進行
註釋
We got the drop :)
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