Home Crypto Currency Analysis Bitcoin Analysis Bitcoin rally is slowing down

Bitcoin rally is slowing down

Bitcoin rally started last week is slowing down now, the reason behind this could be trying to re-test 100% expansion area again around $7500.

So what is the best trade to Bitcoin trading:

  • Wait for a clear break above the previous peak at $8420 to enter long again.
  • Buy again from $7500 if reached.
  • Risky buy position from $7800 or $8200

Bitcoin rally is slowing down

 

Ahmad Alsheikh Ali
Ahmad Alsheikh Ali
BorseClub Founder, Trading and Development Manger

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