Wait till BTC reached the (confirmed) bottom before going in. Everything can happen but I just want to share two possible scenarios. What do you think of this idea? I think Scenario 2 is very unlikely to happen but the chance Scenario 1 will play out is bigger than many people think.
Happy Careful trading everyone.
Nota
Well that was an unexpected pump. I guess Amazon news had some influence. BTC broke the 50 MA very easily but let's see if BTC can break 200 day SMA and keep it as support.
Nota
Almost forgot the 100 D sma as strong resistance. But I see the 200 D sma as the most important support to confirm a bull market.
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