As wee can see it bounced 3 times from the trend line indicating momentum of buyers also Spot is recommended for this coin. if you want futures you must have a good risk management. Anyways my stop loss is indicated if the stop loss is hit bearish scenario is expected.
Bloody February is coming ahead. If BTC fails to show bullish momentum now, let’s expect the price to balance the imbalance around **75k–90k**. As BTC has been pumping for months, a healthy pullback/retracement is needed for a healthy market. If all it does is pump and pump, then we should be wary, as the price could be manipulated and easily dumped. An example...