Trading plan: BTCUSD (Bitcoin)
The rate of Bitcoin went upwards after exiting flat, to $ 6800.
Priority of the day: the growth of the BTCUSD rate to $ 7000.
Contrary to our expectations, the bulls won the battle, and they were able to raise the price of Bitcoin in large volumes. We have nothing left to do except follow the trend.
Projected scenarios:
1. The rate of BTCUSD will rise from $ 6640 to $ 7000.
2. The rate of BTCUSD after such an impulse may remain in lateral movement.
Alternative scenario:
Since Bitcoin's rate entered the sales zone: $ 6920 - $ 6800, the scenario of the bears' victory is likely. Today, this scenario is a backup one, because upward momentum of Bitcoin rate quotation was strong.
Priority of the day: the growth of the BTCUSD rate to $ 7000.
Contrary to our expectations, the bulls won the battle, and they were able to raise the price of Bitcoin in large volumes. We have nothing left to do except follow the trend.
Projected scenarios:
1. The rate of BTCUSD will rise from $ 6640 to $ 7000.
2. The rate of BTCUSD after such an impulse may remain in lateral movement.
Alternative scenario:
Since Bitcoin's rate entered the sales zone: $ 6920 - $ 6800, the scenario of the bears' victory is likely. Today, this scenario is a backup one, because upward momentum of Bitcoin rate quotation was strong.
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