BTCUSD - A small technical analysis
BTCUSD. Bitcoin.
The pair will break the consolidation very soon and give short term opportunities to buy/sell. It clearly isn't ready for the '100k' move yet, so it seems to be a better idea to make short term trades and look for higher momentum to opt for another high on the price. There can be a possible correction further to the downside, or a possible double bottom pattern at the previous low.
The pair will break the consolidation very soon and give short term opportunities to buy/sell. It clearly isn't ready for the '100k' move yet, so it seems to be a better idea to make short term trades and look for higher momentum to opt for another high on the price. There can be a possible correction further to the downside, or a possible double bottom pattern at the previous low.
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