Bitcoin Decision Point- Eminent On Daily, $5500? OR $8500?

BTC has reached a critical juncture and I think we will likely see a big move here very soon. If we go down it will be pretty fast and if upwards we might take slightly longer but either move could be swift. Up could take us to $8500 -8880 and down could be $5000 -5500. I wouldn't really expect this to go sideways, thus making for a great play once it breaks out. A very safe long entry for me would be at $7600 and a short entry at $6700. In between could be consider a no trade zone for some with low risk tolerance. A tight stop loss should always be a consideration. Not a single word of this is financial or trading advice, nor should it be re-construed as such under any circumstance.

تعليق:

RSI is Holding, lets see how 7600 tests out