#BITCOIN - Just Our Thoughts

10 de set. de 2020

Straight out the gate - we don't hold any position on Bitcoin right now. This update was made just because we receive dozens of requests.

As you could remember, there is an important level on #BTC - $10400. The price has sharply reacted on this level multiple times. Now we can see that it was rejected from there, again.

Priority is downwards (very locally), the closest support is located at the $10000, but the magnet is $9600. This is the reason that we can't go higher, we didn't test the most important level of $9600.

And talking about us, we don't hold any position on Bitcoin, cause it is very shaky recent days. Only do some scalps when see a clear setup. Altcoin market offers much more opportunities these days.

12 de set. de 2020

Nota

Chances that Bitcoin will dump from $10400 level: 90% two days ago, 70% yesterday and 50% today.

That's why we don't hold any position on Bitcoin right now. Only do scalps.