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BITCOIN - WHAT TO EXPECT IN SHORT TERM? - CryptoManiac101

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BTC / USD TA

Here we are looking at 3 short term scenarios which are possible for Bitcoin.

SCENARIO 1 - BULLISH

In this scenario we find support around $9,000 - $9,400 with breakout before mid August.

SCENARIO 2 - BEARISH

This is most popular idea around bears. We drop towards mid 7,700 with wicks down towards low $7,000

SCENARIO 3 - BULLISH

In this scenario we expect breakout towards mid to high $12,000 We expect breakout to occur during first week of August.

Hedging your Longs/Shorts at these levels is your best bet if you're an advanced or pro trader. For safer trade you would want to hedge according to Scenario 3 while bears should continue targeting low $7,000 on firm support break of $9,250

Don't forget to leave a LIKE for support!

BTC - THIS WILL NEVER HAPPEN UNLESS IT HAPPENS - CryptoManiac101


BTC IS ABOUT TO MAKE A VERY IMPORTANT DECISION - CryptoManiac101

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Important thing to remember that directional movement is still bullish with longer term trend line staying in tact!
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To be in any active trade right now is extremely risky
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Bounced just as expected

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.