BTC Update: What could be the next stops?
BTC overcame the major resistance of 50K with a significant volume and has gathered a momentum towards 52K. It could be an initiation of bullish momentum but for BTC to continue this upward move, 56K resistance needs to be cleared off.
Areas to look for;
> 52,000
> 56,000
How would I go about it;
1. Take partial profits along the way.
2. Make sure your SLs are in place.
3. Have realistic hopes (BTC is not going to touch the moon)
I would love to know your thoughts in the comments!
Areas to look for;
> 52,000
> 56,000
How would I go about it;
1. Take partial profits along the way.
2. Make sure your SLs are in place.
3. Have realistic hopes (BTC is not going to touch the moon)
I would love to know your thoughts in the comments!
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