BTCUSD, Bitcoin - US Dollar: Falling Wedge

12 Oca 2020

BTCUSD
Despite the enormous speculations made on one of the most fashionable assets in recent years, we always behave only as the chart instructs us.
As you can see, right now a falling wedge is forming that usually takes a bullish direction.
It's useless to buy on the basis of news provided by the media, because they generate nothing more than creating the classic sensations of losing a potential trend, called FOMO (Fear of Missing Out).
The only way we consider ideal for our operations is technical analysis together with a correct risk management model.
The profits on Bitcoin are not worth more than those made on another asset.
Good Trading to All!