Once again BTC is hovering in between the support and resistance trendline. This situation in BTC makes it challenging to analyze where the market will be heading next. Trend-wise, BTC should drop close to 21.9k and then bounce back but the way BTC is trying to hold the 23K support level, we may witness a rally back to 25K+.
In this kinda market situation, you step aside and wait or you take your chances. For me, I am taking my chances with close SLs.
Thank you for reading. Trade safely.
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BTC is close to the support range. This looks interesting.
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