Hi everyone,
So most likely we will see consolidation in the near future for the BTCUSD pair.
So what our team proposes. Base on our analysis we can have BTC on the 12800-12900 level. Of course, it can be 11K in short term but, we think that week will not close below 11900. So, in this case, we open a long position in equal parts at levels: 13200, 12800, 12400, 11900, 11800, and 11000.
Our target will be $15950.
Our spot: BTC
Type of this position: Futures.
This is a midterm position with a potential 32% profit in BTC and Futures. So profit around 60% in total for 2-3 months. Let us know, what do you think.