The general sentiment of BTC is super high right now. People have been waiting since Jan to make some money..I believe people are too desperate to make some money, and that is why you should be careful of your entry points. Its all about psychology. Don't follow the sheep and join the FOMO! You could loose a whole lot. Wait for confirmations! But the lowest entry point i made was at $6,700. If you missed that one. Well here is your next best entry point considering how we have become in the last 5 days. My next entry point should be around low 8000k as discussed on my video here! As I mentioned on this video , to me supercedes anything! Without , there are no solid bull rallies!
Remember that your risk reward ratio should be no less than 1-3.. I always shoot for higher if I'm going long! Too many traders take extremely short term risk and don't even know how to account for risk /reward ratios. Good Luck till my next video!
PS. This is not financial advice, you must perform your own TA. This is very educational purposes only!
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