Crypto BitCoin (Wait & Buy will be the better approach)
View on BitCoin BTC/USD (3 Feb 2023)
We have a decent pullback in bull market last night and it is showing some signs of weakness in term of technical.
It may due for a pull as I do not expect it to pass 25000~26000 level that easily.
I will be on the bullish camp but will be defensive for now.
BTC 20K will be a good support region.
DYODD, all the best and read the disclaimer too.
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Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
We have a decent pullback in bull market last night and it is showing some signs of weakness in term of technical.
It may due for a pull as I do not expect it to pass 25000~26000 level that easily.
I will be on the bullish camp but will be defensive for now.
BTC 20K will be a good support region.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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Our expected tgt on 25K is hit.
Now 22.5K will stay supportive.
It is better to stay with the BUY side for now.