Bitcoin is rising, but wait..
I have shared earlier today that we might see a bounce of Bitcoin from the $6300 range, and we actually did see a rise from the lowest of $6440.
I have bought more Steem along with that dip and is still waiting for the recovery to the 28k area and higher.
So, Bitcoin has risen, now what?
- If you have bought during the recent dip, raise your stop-loss to higher to maintain profit if Bitcoin is to drop.
- If you want to sell, you can begin to sell when Bitcoin to reach $6850 area.
- If you haven't bought anything, stay that way. As mentioned, there should be a slight correction again to $6500 area before we move up higher. Therefore, buying now is quite risky.
Disclaimer: My post is for informative purpose and pleases trade with your consent.
Nice Analysis Buddy!!
so you dont think that btc will touch 7000 this time and you are expecting it to go back to around 6000 again ?
Maybe it can touch $7000 or $7200 area before retraction. For the next dip, it's gonna be hard... Brace yourself.
upvote for me please? https://steemit.com/news/@bible.com/2sysip
@attoan.cmt i think correction may come around $6700.. but let's see what will happen.. crypto is highly unpredictable market.
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