Trading plan: BTCUSD (Bitcoin)
The Bitcoin rate is still in flat.
Priority of the day: a decrease in the rate of BTCUSD to $ 5910.
The capitalization of the crypto market is reduced, so the price drop of Bitcoin is possible. We set a small target for the decrease of Bitcoin's rate, because the zone: $ 6000 - $ 5800 can be a strong support for a reversal.
Projected scenarios:
1. The rate of BTCUSD will decrease from $ 6700 to $ 5910.
2. The rate of BTCUSD may be in range all day.
Alternative scenario:
A back up plan is the exit of Bitcoin's quotation upwards, to $ 7000, if buyers have the strength for this.
Priority of the day: a decrease in the rate of BTCUSD to $ 5910.
The capitalization of the crypto market is reduced, so the price drop of Bitcoin is possible. We set a small target for the decrease of Bitcoin's rate, because the zone: $ 6000 - $ 5800 can be a strong support for a reversal.
Projected scenarios:
1. The rate of BTCUSD will decrease from $ 6700 to $ 5910.
2. The rate of BTCUSD may be in range all day.
Alternative scenario:
A back up plan is the exit of Bitcoin's quotation upwards, to $ 7000, if buyers have the strength for this.
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