harisonhbn9718

Bitcoin has possibility to entry in sell off!!!

Short
COINBASE:BTCUSD   Bitcoin

Well, in this technical analysis, we see a Bitcoin so bearish for long term, and this is a possibility that Bitcoin is starting to drop the price until the latest analysis that I show you, I add my latest technical analysis called: Special Analysis for Bitcoin that this week I prepared.

But, today we see using the price action that Bitcoin doesn't have force to continue up and it's a good and nice posiiton to put short until the 0.618% of Fibonacci, that is my 2nd target profit to pick up 4,000 pips in Bitcoin investing 0.058 BTC. I put my sell order limit at $9,111 USD and that is my zone to sell off. Remember if you going in Daily timeframe the trend is become so bearish than bullish, and also, we consider a long term so bearish until the $7,000 USD.

Also remember that I use 2 apps to opperate with Bitcoin, that is Quantfury and Prime XBT, that is my plattform that deposit Bitcoin and operate Bitcoin and also trade all kinds of markets.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.