BTCUSD consolidation area
Hi folks:
I'm sharing my view on BTCUSD. I'm not fond of Bitcoin nor taking any trades but I like to follow its movements.
We are currently on a mega uptrend channel since we broke the 10k area consolidation and it looks like price is consolidating near 60k area. As long as we do not leave any of these 2 identified uptrend channels I would hold any long positions for a possible next impulse.
Anything below 45k could be dangerous for this pair.
I'm sharing my view on BTCUSD. I'm not fond of Bitcoin nor taking any trades but I like to follow its movements.
We are currently on a mega uptrend channel since we broke the 10k area consolidation and it looks like price is consolidating near 60k area. As long as we do not leave any of these 2 identified uptrend channels I would hold any long positions for a possible next impulse.
Anything below 45k could be dangerous for this pair.
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