BTC moving like we expected it to earlier in the week.
Will be interesting to see how we play around 61K.
IF I was in a long trade I would be using it as line in the sand.
Bear in mind all the liquidity resting around this level and all the over leveraged longs entries and stops.
Overall market is still interesting in my opinion and should be more interesting as we get keep on getting closer to the halving.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Will be interesting to see how we play around 61K.
IF I was in a long trade I would be using it as line in the sand.
Bear in mind all the liquidity resting around this level and all the over leveraged longs entries and stops.
Overall market is still interesting in my opinion and should be more interesting as we get keep on getting closer to the halving.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
