BTC ANALYSIS DAY 19/5
Current Btc: $29,000
Bitcoin today, selling pressure dominates completely.
However, BTC has just retested the support level of 28.6 and temporarily holds it, where there will be a slight rebound.
👉 Risk-loving investors can quickly catch the bottom at 28.6-29k and stop loss when breaking through 28.5, target 29.7.
👉 Safe investors should stand outside and watch, wait for btc to surpass 30k to create enough accumulation area, then take action or wait for a nice setup when btc comes back to test pin 26.7.
Current Btc: $29,000
Bitcoin today, selling pressure dominates completely.
However, BTC has just retested the support level of 28.6 and temporarily holds it, where there will be a slight rebound.
👉 Risk-loving investors can quickly catch the bottom at 28.6-29k and stop loss when breaking through 28.5, target 29.7.
👉 Safe investors should stand outside and watch, wait for btc to surpass 30k to create enough accumulation area, then take action or wait for a nice setup when btc comes back to test pin 26.7.
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