#BTC/USD Update
#BTC/USD UpdateThere is much positive NEWS about buying BTC by big companies in this price and etc... So the overall trend for BTC is supper bullish and just buying more BTC in these chances and HOLDING for the long-term is the best choice.
Technically, and for short-term, We had good daily closes in the past 3 days, but MACD is negative with a bearish cross and still no sign of bullish curve in the daily frame, and we're also neutral/negative in 4H-frame after bouncing from our local resistance area (50000-51600$).
So, if you are not a HOLDER, you can consider 47000$ for short-term stop-loss (especially closing a daily candle below 48000$)
Scenario 1:
BITCOIN continues to rise if We bounce back again inside our channel and consolidate above 51600$. (Best price to buy BTC)
Scenario2:
If we close daily candle below 48000$, We may see another dump to around 40000$-42000$ area.
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