Mihai_Iacob

Bitcoin- buy or sell?

Short
COINBASE:BTCUSD   Bitcoin
After breaking above 11k resistance, BtcUsd had a fabulous run with the price increasing almost 90% in one month and reaching all-time high zone.
A quick fall followed and now the price is correcting this fall.
Although I m bullish on the long term, I think that a new leg of correction will fallow and this can drive the price to around 14k support.
At the time of writing Bitcoin is trading under 18k which is a good sell zone from the technical point of view and a sell trade here can have at least 1:2 R:R.

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.