Bitcoin
Updated
BTCUSD
Up to 8000 and a little higher, we remain in a bearish trend.
You can talk about the reversal of bitcoin only when we go above this level.
I still have the option that after this bull trap we will go even lower
We have storng level 6400-6800 if we break down this level
And there will be a panic and the big player will gain a position
Chinese New Year from January 25 to February 10, which traditionally does not contribute to price increases.
And to your note - we do not know the future and where the price will go. But you should always have options for all scenarios.
Best regards EXCAVO
Up to 8000 and a little higher, we remain in a bearish trend.
You can talk about the reversal of bitcoin only when we go above this level.
I still have the option that after this bull trap we will go even lower
We have storng level 6400-6800 if we break down this level
And there will be a panic and the big player will gain a position
Chinese New Year from January 25 to February 10, which traditionally does not contribute to price increases.
And to your note - we do not know the future and where the price will go. But you should always have options for all scenarios.
Best regards EXCAVO
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