BTC/USD (New All -Time High)

20 thg 10, 2021

💎Technical Analysis Summary💎


BTC/USD


-Bitcoin printed a new All-Time high and is trading above 65k dollars today
-The price respected the 50W moving average since its correction phase
-Since BTC is now at a new level of trading, price discovery is likely to happen
-We can use fib extension to potentially look for taking profit zone can be
-But for now, let us enjoy this new achievement for Bitcoin
-For the altcoins, they are not receiving the best opportunity yet due to strong BTC Dominance
-But their time to shine and make us good profits is coming close
-BTW, I'm currently into swing trades lately and doing good now
-I only traded coins with a strong price structure to increase my market bias
-I will add more new positions once I see a good confirmation



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