BTC appears more likely to want to trade higher than lower over the next 12-24 hours. However, it's even more uncertain to forecast given we have the NFP figures being released tomorrow which could cause BTC price to whipsaw in both direction (up or down). If I had a choice to choose whether to trade ahead of the NFP I would say now. However, if I had no option and has to choose a position - I would be long and would want to be out of my position 30-60 minutes before the NFP news release.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.