PolarHusk

BTC/USD (Short Term Consolidation?)

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
💎Technical Analysis Summary💎


BTC /USD

-Bitcoin is trying to hold the 48k short term key area
-With the confluence of Fib support and Moving Averages
-If BTC can make this level survive for the next 24 hours
-I think we will have a higher chance of retesting the 50k dollar
-If this happens, I'm expecting a good start trading week
-I'm on the strong altcoins already and getting ready for a new leg up
-Make sure to have a stop loss is placed once your trade is in profit
-Always manage your risk and let your winners ride
-Good luck and stay safe!



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