Best Trading Strategy for Bitcoin!! Read More for Details!!

Bitcoin has pivoted from lows completely in tandem with the bounce we saw in stocks. We have regained the $40K handle, as we anticipated here yesterday. However, we are seeing great resistance just below $40.8K, suggesting bulls still are not incentivized to buy it back higher. Range trading seems like the best option here. Be patient and scoop up some BTC in the $30K's, sell it in the low/mid $40K's. If we have enough momentum to break out, we will next face great resistance from the $42K's. If we give up the $40K's again, then we will likely test $38.2K again.