What will happen to Bitcoin? (5th Part)
Hello to all,
Personally, I like to analyze the market and make the desired trade at the right time, and I never look at the chart for a long time. It depends on what your purpose of trading is, and of course, you trade according to your personality. So, I'm waiting for an established trend where a suitable entry point can be identified, so I don't think the market is in a good position to trade these days.
In the picture, I have specified a weak support range and a strong support range.
The most important resistance at the moment is 24k-25k.
In my opinion, until the price stabilizes above 25k and there is a strong upward movement towards the 35k resistance, it is not possible to conduct analytical trades.
Personally, I like to analyze the market and make the desired trade at the right time, and I never look at the chart for a long time. It depends on what your purpose of trading is, and of course, you trade according to your personality. So, I'm waiting for an established trend where a suitable entry point can be identified, so I don't think the market is in a good position to trade these days.
In the picture, I have specified a weak support range and a strong support range.
The most important resistance at the moment is 24k-25k.
In my opinion, until the price stabilizes above 25k and there is a strong upward movement towards the 35k resistance, it is not possible to conduct analytical trades.
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