Where is BTC headed?
While Bitcoin is currently showing signs of waiting for a recovery, even the volume is not stable or continuous enough to have a blind confidence.
However, it is the formation of the market that is giving more interest to the bulls due to the recovery formation that is being presented.
However, is it time to trust or wait to buy or sell? What would you do Let's review what will be the best decision in my new analysis to Cryptocurrency.
What is expected by many traders is reflected in the pink arrows, but to be specific, BTC at least you must exceed the $ 8,900 area to get hope of reaching a primary target price of $ 8,950–9,100.
Bitcoin, yes or yes, should far exceed the current volume and be able to sustain itself above $ 9,100, if you want to reach the $ 9,200–9,300–9,500 dollars.
This block must be completely “destroyed” by the volume of upward operations, if BTC wants to keep on searching for the first macro target, the $ 10,000.
The strongest pressure is still down below $ 8,500–8,400. Sales before reaching or confirming these areas are still uncertain.
Be careful with your sales, if they are not below the mentioned block which is the one that is holding the price at the moment.
Remember that the most important thing is the management of your capital and always enjoy what you are passionate about.
Analysis by Saul Cano of Trade and Hold for Cryptocurrency
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Disclaimer: This press release is for informational purposes only, the information does not constitute investment advice or an offer to invest. The opinions expressed in this article are those of the author and do not necessarily represent the views of Cryptocurrency, and should not be attributed to, Cryptocurrency.
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