Hello trading friends,
Bitcoin is a coin that could be very risky on all sides you trade - know that market makers make the choice between short and long into the low time frame.
Manny did lose them money by the dream to have the best trades into BTC - and yes it's possible, but the success will be only with good risk management.
I personally find it not good, when I see manipulation trends playing - this even with shorts or longs, as I know many of users could be into the red with this.
Let's hope the best for every trader that has the dream to be better, and with the goal to learn more about trading.
Where are we now?
Depending on TA - we are into a breakdown trend - but a return above 40K + zone could bring us back into low time increase trend.
On this reason, it's important to see BTC increasing back above 40k+, if we are not able to increase back above 40k, we could see more breakdown trend. it means not only hitting the target 40k but also staying some time on it with confirmation trend.
Goals:
If we confirmed the 40K - there is a high chance we could enter 41300+
Give your nice like - if you also trading BTC or studying the trend of BTC
and if you want to get alerts for more updates - follow the channel - Thank you
@ know also that these are other trading times - because of Russia and Ukraine situation - where you can have unexpected trends.
It's important that BTC stay above 39k+ with a time frame to make a high chance for a low time frame to 42k+
Have a great day.