The price of Bitcoin (BTCUSD) is in a short-term correction after a strong surge in price to our new All-Time-High, located at $58.500.
I'm expecting a stronger retracement, shaped in a Falling Wedge - this scenario would result in a further increase in price after the correction is completed.
Mandatory for this new emerging trend are the lower highs and the lower...
the price of Bitcoin (BTCUSD) is recently making lower highs and we might see a bigger correction incoming.
Please use the highlighted Demand & Supply Zone as well as the Key Level & Support for possible exits or entries.
While the price is moving in a range, we have to keep one simple rule in mind
Don't take long positions if the price is above the...