BTC short term trade - Price near the critical point

Hi friends. There will be a minimum of words today. The price of bitcoin has found a local bottom. Although sellers updated the local lows from June 2021, they could not maintain their advantage.

In order to confidently state that the price of BTC is ready to turn around and start growing at least to $48,000-50,000 buyers must show strength in the range of $29,000. Only after the retest of this mark - you can start buying BTC

In the meantime, we offer you a potential short-term BTC trade:

Entry: $31450-31900
Stop: $32866
Take profit: $28489