#BTC Update 10/05/2022
Thus, the milestone of May 7, 2022 was fulfilled when the price of #Bitcoin dumped very strongly to $30,000, the buying force was very weak.
Given the current price action, there is a very strong possibility that #bitcoin will continue to sweep liquidity in the $27,000~$27,500 price zone.
During this downtrend, traders should manage risk and capital as the top priority.
Given the current price action, there is a very strong possibility that #bitcoin will continue to sweep liquidity in the $27,000~$27,500 price zone.
During this downtrend, traders should manage risk and capital as the top priority.
Note
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.
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.