Trading-Guru

Sudden Run on BTC Can Lead to CRASH

Short
Trading-Guru Updated   
BITSTAMP:BTCUSD   Bitcoin
Hi all, I wanted to share this quick analysis on the 1h with my followers. There is some interesting behavior on BTC that I've been looking at for the last hours that I want you to know about.

After every smooth run upwards, the price has dropped much much faster than the time it took to gain that price.

Now that we're in the consolidation phase as per my previous idea, I want to warn you. The price is relatively high again at ~13,600 and a crash might come soon.

Make sure you are not fully in long positions right now, and remember to buy low and sell high!


-Trading-Guru
Trade closed: target reached:
That seemed to have worked nicely!


I believe it can drop a little further potentially towards a support zone. I'll be sharing a new idea later today

Thảo luận về những biến động và nói cùng nhau về thị trường giao dịch ở cộng đồng Telegram này nhé!

t.me/Vietnam100eyes

(bắt đầu từ tháng 2 - 2023)
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