👩💻 #REVIEW BITCOIN GLOBAL
I have pointed at the most crucial horizontal levels at BTC chart. There are three main zones:
1. Bullish - above $10500.
2. Neutral - between $8800 and $10500.
3. Bearish - below $8800.
Now we are in the neutral zone and the best way to trade here is doing nothing. You don't know if it's new downtrend or just the correction, so it's hard to seek for entry points. I recommend you to stay calm and wait for a confirmation of a downtrend or new wave of uptrend. Big spot positions in this area can cost you a lot of money.
I have pointed at the most crucial horizontal levels at BTC chart. There are three main zones:
1. Bullish - above $10500.
2. Neutral - between $8800 and $10500.
3. Bearish - below $8800.
Now we are in the neutral zone and the best way to trade here is doing nothing. You don't know if it's new downtrend or just the correction, so it's hard to seek for entry points. I recommend you to stay calm and wait for a confirmation of a downtrend or new wave of uptrend. Big spot positions in this area can cost you a lot of money.
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