Hey guys, this is my drawing for Bitcoin. Since I am not really an expert in crypto, my analysis is purely based on using technical without really reading or analyzing fundamental about BTCUSD.
I think this area is kind of 50-50 for trading, so if you already bought BTCUSD at 6k, take 70 - 80% of your profit out of the trade. Just leave 15-20% with stoploss at 7800 to protect your equity.
Bitcoin may go up to 13k-14k to give traders hope, then drops to 5k area. (or 6k is lowest low for the next few months)
Again, as always, trust your analysis and protect your investment. Don't listen to others too much!
Note: Please be advised that this is only my idea, so you are responsible for any losses yourself.
I think this area is kind of 50-50 for trading, so if you already bought BTCUSD at 6k, take 70 - 80% of your profit out of the trade. Just leave 15-20% with stoploss at 7800 to protect your equity.
Bitcoin may go up to 13k-14k to give traders hope, then drops to 5k area. (or 6k is lowest low for the next few months)
Again, as always, trust your analysis and protect your investment. Don't listen to others too much!
Note: Please be advised that this is only my idea, so you are responsible for any losses yourself.