BTCUSD might pullback to 8500 (a supposed support area)

BTCUSD is now consolidating around 9000 area and may slip down to 8500-8700. I consider buying from that area with a target around 10000 (and stop of $600)
A previous ascending rally was quite strong with low volatility on the D1 chart - it is usually a sign of a trending market. Though, I do not consider BTCUSD growing above $10000 - at least I don't plan to set my targets beyond that level.

تعليق:

The instrument has reached 10000 without testing 8500 area, so this recommendation is no longer active