Bitcoin seems to be in a good spot for a potential bearish measured move driven trade, with an attractive reward vs risk. See the technical analysis for BTCUSD and the potential bearish measured move. https://www.forexlive.com/technical-analysis/a-bitcoin-technical-analysis-with-a-bearish-measured-move/ Reminder: technical analysis can increase your chances of better reading the market but does not guarantee it. That is why traders must have stops and reasonable reward vs risks. Trade bitcoin at your own risk only. |
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