Bitcoin | tracking movement

9 May 2023

Bitcoin is hovering around a very critical support zone from 27500 to 27k.

any daily or weekly close under 27k will lead to panic on all market.

If Bitcoin can maintain its position above this support level and bounce back, there is a strong possibility of a 10% to 20 % rally .

I'm still holding the main part of long positions but still have around 50% on fiat and If I see a break to 27k support level I may increase the fiat part to 70%

I'm just sharing my plan with you guys and you are free to manage your capital and trading wallet the way you think it's best fit for you!

stay safe, peace!

11 May 2023

Not

#Bitcoin

Bitcoin broke a key support on micro and small time frames.

If the daily candle closed under 27k, this will be definitely a confirmation of a downside movements with the main target around 25k to 24k

carful your long positions