BTC possible further price action: Breakout or Range?
Hello! As a newbie swing trader, I open only long positions. I prefer swing trading, as I think it it more interesting then position trading and less difficult then a day trading. I am studying constantly and I would like to switch in future from crypto to a stock market. I started this as a hobby to have some small extra income, and to have some tools and to learn how to proper use them against inflation.
I hope I will be able not to loose my deposit and, at the same time, to get a small income from this bull cycle.
As a new guy at this thing, I try to learn from the best and now I see that BTC comes to the confliction zone, as I think everyone is already know, and we have two main scenario: Breakout to ATH or Range between 50 and 60 k$. Of course, we should remember that the bull cycle will come to the end sometime and the fall will be drastic.
Guys, what do you think about this?
I hope I will be able not to loose my deposit and, at the same time, to get a small income from this bull cycle.
As a new guy at this thing, I try to learn from the best and now I see that BTC comes to the confliction zone, as I think everyone is already know, and we have two main scenario: Breakout to ATH or Range between 50 and 60 k$. Of course, we should remember that the bull cycle will come to the end sometime and the fall will be drastic.
Guys, what do you think about this?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.