Trading plan: BTCUSD (Bitcoin)
The Bitcoin rate was in flat yesterday.
Priority of the day: neutral position on BTCUSD.
Bitcoin's price is affected by the low liquidity of the crypto market. Today we expect a slight increase in Bitcoin's rate to $ 6550.
Since the trading situation is now more uncertain, we are in neutral position on Bitcoin.
Projected scenarios:
1. The rate of BTCUSD will rise from $ 6200 to $ 6550.
2. The rate of BTCUSD will drop from $ 6200 to $ 5500.
Alternative scenario:
Another day of flat for Bitcoin is quite possible.
Priority of the day: neutral position on BTCUSD.
Bitcoin's price is affected by the low liquidity of the crypto market. Today we expect a slight increase in Bitcoin's rate to $ 6550.
Since the trading situation is now more uncertain, we are in neutral position on Bitcoin.
Projected scenarios:
1. The rate of BTCUSD will rise from $ 6200 to $ 6550.
2. The rate of BTCUSD will drop from $ 6200 to $ 5500.
Alternative scenario:
Another day of flat for Bitcoin is quite possible.
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