FX_Crypto_Trader

Next Bitcoin Buy

Long
BITSTAMP:BTCUSD   Bitcoin
Good morning all, I have taken profits on my Bitcoin longs as per the last update. So I am looking at the next buy in place. The demand zone at 61K would be the first place to look to buy in from. The second one at 55K level. We have nothing to aim for as we are at the ATH level so even buying in around this area could potentially easily hit our SL, so first target would be the 70K price which gives us a good R:R of 1:4. Wait for support to form before entering. GLIYF

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