Bitcoin, what to expect in the new year?
Updated
Bitcoin is still in a local trading range between the $51,900 and $46,000 levels.
It is very difficult to trade right now. There are big volumes in the footprint, both at the top and at the bottom of the trading range. And it is hard to say who is stronger sellers or buyers. Therefore it is very important to wait for a clear confirmation in order to trade.
In general, the situation remains the same and we should follow the same scenarios that we showed in the last idea.
And while bitcoin is in the trading range, the best thing to do is to spend time with your family. Happy New Year.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
It is very difficult to trade right now. There are big volumes in the footprint, both at the top and at the bottom of the trading range. And it is hard to say who is stronger sellers or buyers. Therefore it is very important to wait for a clear confirmation in order to trade.
In general, the situation remains the same and we should follow the same scenarios that we showed in the last idea.
And while bitcoin is in the trading range, the best thing to do is to spend time with your family. Happy New Year.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Note
Big volume changed BTC direction
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