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mantasg
Jun 5, 2021 1:35 PM

BTC D1 downtrend. Now consolidating. Short

Bitcoin / TetherUSBinance

Description

Long term BTC is very bullish but like any trend it have down cycles and up cycles. For now D1 cycle flipped to the downside the only place in downcycle where you can buy is at fresh lows below 30k now. All other is just money management. Good luck.

Comment


BTC reached very attractive point on chart to sell some holding. Offcourse there is a risk to miss bull run if it decides to continue higher but I don't see point of holding it at those price levels. There is untested level at around 53k what can become hard resistance

Trade closed: target reached

Finally long waited attractive prices if you like me dont have any btc you should start looking to these levels for a buy
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