Hey everyone, here's our daily BTC update and today it just doesn't know what it wants to do!
Bitcoin is currently going on a sideway and really no pattern to see here. It's simply going sideway with very little volume. It broke the channel (red channel). Yesterday I thought BTC would drop but it didn't (YET). Right now the only thing we could do is react properly to a ceiling or floor breakout.
Option 1:
If BTC breaks 7750 then we should be going up to at the very least 8000.
Option 2:
If BTC breaks 7075 then we should be going down to at the very least 6700.
If you are LONG then your stop should be at around 7050, if you are short then your stop should be at around 7775. It's very simply trading today!
Who's Becky? What's her background? I am a crypto enthusiast and have been since early 2015. I have already made millions in the crypto world and am financially set for the rest of my life. I recently decided to start helping other people get rich. I like helping people, it makes me feel good. What can I say? I LOVE feeling good ;) . Let's share the journey together! Follow me on Tradingview/Telegram <3
Bitcoin is currently going on a sideway and really no pattern to see here. It's simply going sideway with very little volume. It broke the channel (red channel). Yesterday I thought BTC would drop but it didn't (YET). Right now the only thing we could do is react properly to a ceiling or floor breakout.
Option 1:
If BTC breaks 7750 then we should be going up to at the very least 8000.
Option 2:
If BTC breaks 7075 then we should be going down to at the very least 6700.
If you are LONG then your stop should be at around 7050, if you are short then your stop should be at around 7775. It's very simply trading today!
Who's Becky? What's her background? I am a crypto enthusiast and have been since early 2015. I have already made millions in the crypto world and am financially set for the rest of my life. I recently decided to start helping other people get rich. I like helping people, it makes me feel good. What can I say? I LOVE feeling good ;) . Let's share the journey together! Follow me on Tradingview/Telegram <3
