We need to break the MA 200 resistance level (around 10k usd) and close above. The 11k usd level is really crucial for us to understand if the market will become bullish or bearish.
For now there is a nice 20% opportunity to make on BTC until the 11k usd and exit all positions on that level. After that point we should observe for few days. Better miss 5% than lose 10% or more.
One thing I am sceptical,it is the cross of MA 100 and 200. It's a very bearish sign but also it can be as a reversal sign and end of a trend(from Bearish to Bullish)
For now there is a nice 20% opportunity to make on BTC until the 11k usd and exit all positions on that level. After that point we should observe for few days. Better miss 5% than lose 10% or more.
One thing I am sceptical,it is the cross of MA 100 and 200. It's a very bearish sign but also it can be as a reversal sign and end of a trend(from Bearish to Bullish)