Bitcoin

BTC - Trading this Market - Levels to Watch

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Looking at the nail biter from yesterday - Bitcoin is riding this lower support... whales really wants to sweat us.

Half of trading is psychological. Trade safely and by managing your risk, you also manage your stress- and thats how you become a winner in crypto. Once you master emotions and risk, you can master the technical side of trading.. and thats how you get lambos.

What to expect from here? I marked the two key support levels here on the right side of the chart (blue and yellow levels). $39.5k remains a key level which you saw supported price earlier this week. And below there is the support line extending from the July 2021 bottom, now at $36.5k.

If we close below there then all best are off, we could dip towards last year's lows in June.

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