BITCOIN TO MOVE UP TO $8000 AND THEN DOWN TO $5000 EVEN $4000 ..
Bitcoinnnnn! Absolutely loving the market structure that the cryptos are forming, it's starting to look familiar which gives us opportunity to make educated guesses as to where the market may go. All markets go through this and the reason they all begin to follow similar patterns is due to us Humans. We to do the same things over and over which then reflect on the market.
BTC is looking for a POTENTIAL move up to meet the $8000 mark which i have marked at the grey zone. Should price move up here,it has room to trade within that grey zone and find resistance to then potentially make it's move lower.
Take profit 1 has been marked at the $5K price level and Take profit 2 has been marked at the $4K price level.
It's important you learn how to scale out of positions and take profits when the market makes it available to you.
BTC is looking for a POTENTIAL move up to meet the $8000 mark which i have marked at the grey zone. Should price move up here,it has room to trade within that grey zone and find resistance to then potentially make it's move lower.
Take profit 1 has been marked at the $5K price level and Take profit 2 has been marked at the $4K price level.
It's important you learn how to scale out of positions and take profits when the market makes it available to you.
