Bitcoin

The long-short war is on the horizon - how Bitcoin goes 10

293
Recently busy, market trends are also more boring, so there is no update article. But I want to give investors more tips at the key nodes, which is the principle of my writing. The so-called carbon in the snow, far more meaningful than the icing on the cake.

We now look at the chart, is a downward trend, the pressure of the rebound is on the trend line. If you choose to break up here, the bulls could challenge $7,800.
If you break down, there may be a look for support in the 5800 and 4300.

Conclusion: The current position, wait and see is a good strategy, if the up break a small number of long, down can be hedged or short.

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.