Why BTC moving Sideways What Should you expect Dump or Pump? 👇🏼💯
BTC get rejected at 65K. And yes, once again BTC got rejected at 65K now. Of course, based on the chart I read, I decided to Share this Information. Let’s read the chart together.
As we can see, BTC is creating new support line around 64.5-65K. The second reason to not open short position is because we know that every time when the momentum is trying to make a change, the price will slow down and go sideways. In 4H chart and 8H chart, BTC is trying to change bear to bull. From MACD we can see also BTC might trying to climb back.
But is this the pump for BTC? I guess not. It’s still bearish momentum in Day chart for BTC. But a small pump might happen soon or later. I’ll wait for the next chance until BTC make a decision. If you holding short position now, you may close your trade with little profit now. It’s better than a sudden pump that might cause you lose. If you’re looking for position. Maybe open LONG at any low price around 64.5-65.2 is okay. BUT I don’t recommend it Dyor Before you take any steps.
•This information took alot of time to analysis Please give it a Like, Follow, And Tip maybe ❤️🩹
•Disclaimer:
Do Your Own Research Before you take any steps.
