Important #BTC update for long position
As we saw in the earlier post, Bitcoin underperformed alts and we will continue to see more under performance.
Based on the BTC dom chart, BTC might drop 2-3 % in the next couple of days. I will not advise for opening the short position.
If you are looking for long position then wait for dip of 1-2% and do DCA on every dip. As per current charts, BTC will make a new annual high in next week. We might see 50k!!
Happy trading, safe trading!
LIVENS-63165
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#BTC dom update
based on the current chart pattern, we can see the change in trend direction with #ETH leading the pack for Alts.
as of now, BTC might underperform for 1-2 days and then it will start the upward journey .
in case BTC Dom breaches the 1975 level on daily close, we can see a huge rally in Alts and which might go on for a few months.
This can be a good time to open long positions for all Alts and btc!!
Just my thoughts!
Happy trading, safe trading!
based on the current chart pattern, we can see the change in trend direction with #ETH leading the pack for Alts.
as of now, BTC might underperform for 1-2 days and then it will start the upward journey .
in case BTC Dom breaches the 1975 level on daily close, we can see a huge rally in Alts and which might go on for a few months.
This can be a good time to open long positions for all Alts and btc!!
Just my thoughts!
Happy trading, safe trading!
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