BTC/USD Analysis by EduardCA
Hello Dear Friends!
BTC has a bearish bias towards the next support at $6,000. It is a strong support level. If the price moves below $6000, BTC/USD may easily hit to $5,550 (SMA200 weekly).
While the long-term bias remains bullish, the expectations on a weekly and monthly basis stayed mostly neutral.
Like many other instruments, Bitcoin has a high volatility now, which means high risks. Put only 2% of your capital under the risk on one trade.
Good luck!
BTC has a bearish bias towards the next support at $6,000. It is a strong support level. If the price moves below $6000, BTC/USD may easily hit to $5,550 (SMA200 weekly).
While the long-term bias remains bullish, the expectations on a weekly and monthly basis stayed mostly neutral.
Like many other instruments, Bitcoin has a high volatility now, which means high risks. Put only 2% of your capital under the risk on one trade.
Good luck!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.