BTCUSD - Will later longs get liquidated before we move on?
! Not financial advice but someone sharing his trading diary! - Make your own plans and you will do fine in the long run.
These are the scenarios I am watching at the moment.
(1) BTC can breakout past 61k and reach 70k
(2) BTC gets a big liquidity hunt, stops all later longs, frustrate bulls and drops to 56-54K making a higher low.
My favorite is scenario 2.
Trading level by level, always !
#btc #bitcoin #technicalanalysis
These are the scenarios I am watching at the moment.
(1) BTC can breakout past 61k and reach 70k
(2) BTC gets a big liquidity hunt, stops all later longs, frustrate bulls and drops to 56-54K making a higher low.
My favorite is scenario 2.
Trading level by level, always !
#btc #bitcoin #technicalanalysis
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