BTC daily review: Still waiting for retracement
Hello traders
So after getting into a small position at around $32,300, I am still waiting for the pull back, but I am not going to FOMO here, I will still wait for the pull back or if we continue to consolidate above 40K then we will have no option but to long for the target of 50K
Market is still not above 200MA and hence I am still not calling out we have flipped to bullish yet.
So like me, if you're also waiting to enter, then I would say wait more, market will never go up in straight line.
So after getting into a small position at around $32,300, I am still waiting for the pull back, but I am not going to FOMO here, I will still wait for the pull back or if we continue to consolidate above 40K then we will have no option but to long for the target of 50K
Market is still not above 200MA and hence I am still not calling out we have flipped to bullish yet.
So like me, if you're also waiting to enter, then I would say wait more, market will never go up in straight line.
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