So, depending of your belief, Bitcoin can be both a buy or a sell.
From the buying perspective, after a 20% drop, BtcUIsd found support at 10k zone. This can be viewed as a good buy opportunity with a TP at 11k resistance.
From a selling point of view, and also my view, Bitcoin can have a new leg down to 9k and this correction should be considered a good opportunity for short positions.
As I said, 11k is resistance and there I would look for selling signals
From the buying perspective, after a 20% drop, BtcUIsd found support at 10k zone. This can be viewed as a good buy opportunity with a TP at 11k resistance.
From a selling point of view, and also my view, Bitcoin can have a new leg down to 9k and this correction should be considered a good opportunity for short positions.
As I said, 11k is resistance and there I would look for selling signals
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