#BTC/USD Update
#BTC/USDT
#Bitcoin has once again hit an all-time high over the weekend with a high point of $61800. Now we are retracing back and currently trading around 55000.
BTC is now just above its support zone, a risky position can be opened to target a return to 54000 at first and then the highs. Be careful though, this is a risky position
Technically, the situation remains positive at the Daily frame even if we can see some signs of bearish curves on the Wave Trend. On a 4h frame, the indicators have already given a downward signal.
#Bitcoin has once again hit an all-time high over the weekend with a high point of $61800. Now we are retracing back and currently trading around 55000.
BTC is now just above its support zone, a risky position can be opened to target a return to 54000 at first and then the highs. Be careful though, this is a risky position
Technically, the situation remains positive at the Daily frame even if we can see some signs of bearish curves on the Wave Trend. On a 4h frame, the indicators have already given a downward signal.
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