Trading plan: BTCUSD (Bitcoin)
The Bitcoin rate slowed its fall, as we predicted at the level of $ 8200. The bounce of price is just around the corner.
Priority of the day: sell BTCUSD with a target of $ 8000.
We believe that before the rise of Bitcoin rate, it should at first scare everyone and drop to $ 8000 - $ 7,800. From this zone, we expect a sharp bounce of Bitcoin rate upwards. The only question is: will BTCUSD fall today, and then grow, or vice versa: first grow, and then fall.
Projected scenarios:
1. We sell BTCUSD from $ 8,600 to $ 8,000.
2. Flat in the area of $8200 – $8600 until the end of the day.
An alternative scenario:
The rate of Bitcoin with a very high probability may now rise to $ 8,600, and only then start to fall.
We recommend our subscribers to wait for the level of $ 8600 for BTCUSD sales, and $ 7800 for purchases.
Priority of the day: sell BTCUSD with a target of $ 8000.
We believe that before the rise of Bitcoin rate, it should at first scare everyone and drop to $ 8000 - $ 7,800. From this zone, we expect a sharp bounce of Bitcoin rate upwards. The only question is: will BTCUSD fall today, and then grow, or vice versa: first grow, and then fall.
Projected scenarios:
1. We sell BTCUSD from $ 8,600 to $ 8,000.
2. Flat in the area of $8200 – $8600 until the end of the day.
An alternative scenario:
The rate of Bitcoin with a very high probability may now rise to $ 8,600, and only then start to fall.
We recommend our subscribers to wait for the level of $ 8600 for BTCUSD sales, and $ 7800 for purchases.
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