Bitcoin update = Neo, Red Pill or Green Pill? 08.13
Hey guys 1PERCENT here,
Bitcoin and alts are rising viciously and the market is showing a lot of positive signs.
It seemed like Bitcoin wanted to go through some correction yesterday but the break of the monday mid range turned out to be a deviation and bitcoin came back to the range high.
If you don't have a position right now it is best to wait for an important level to break.
1. Bitcoin breaks $47201 and retests, then long to the next resistance ($51570).
2. Bitcoin rejects the range high to form a triple top. Short till the range mid then the range low
Since July the 20th Bitcoin showed a gain of 60% and many altcoins showed 100%+ gains. It's time to stay cautious since we are at a major resistance after a substantial run.
Liquidity is low during the weekends which means there's more volatiliry. Please do be careful out there with proper risk management.
Have a great weekend!
Don't forget to push the like and follow button if you find the content useful ;)
Bitcoin and alts are rising viciously and the market is showing a lot of positive signs.
It seemed like Bitcoin wanted to go through some correction yesterday but the break of the monday mid range turned out to be a deviation and bitcoin came back to the range high.
If you don't have a position right now it is best to wait for an important level to break.
1. Bitcoin breaks $47201 and retests, then long to the next resistance ($51570).
2. Bitcoin rejects the range high to form a triple top. Short till the range mid then the range low
Since July the 20th Bitcoin showed a gain of 60% and many altcoins showed 100%+ gains. It's time to stay cautious since we are at a major resistance after a substantial run.
Liquidity is low during the weekends which means there's more volatiliry. Please do be careful out there with proper risk management.
Have a great weekend!
Don't forget to push the like and follow button if you find the content useful ;)
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✅ 더욱 잦은 업데이트는 아래 링크에서!
- t.me/+7mIBvloUd0k3NWQ9
✅ 시황 코멘트와 다양한 투자 관련 분석은 유튜브 채널에서!
- youtube.com/c/1PERCENTKOREA
✅ 미국주식, 국내주식 등 다양한 정보 공유
- blog.naver.com/onepercentkr
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