SuperForex

A breath of fresh air

Long
BITFINEX:BTCUSD   Bitcoin
Can we believe that the negative has left the markets and we again can open the buy deals?! In this case, even technical indicators pointing to the purchase cannot inspire us to take long positions. We observe that the price again exceeded the 4.000 mark and, after rebounding from the level of 4.200, found support at the 3.950 mark.

Even the possibility of an early dispatch to the upper boundary can deter buyers. And in this case, we will be interested more in fundamental aspects and large players. In view of the fact that some large holders, as well as the creators of some cryptocurrencies decided to leave the market and reduce the staff, we can say about poor market condition. However, we advise you to carefully enter the market for long positions and perhaps there is still hope.

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