BITCOIN UPDATE
Straight Stop Loss hit giving no chance to BE. Profit & Loss are the part and parcel of trading. Well, we have already discussed in our prev post that if this support is broken hitting the stop loss at 55500 then waiting for retest at 56500 will be in plan.
Also intimated in the prev chart about the FVG shown is playing its part. Price is hovering around it to fill the gap at our new support 49-50xxx.
That medium risk sell at 59xxx stands null and void now.
Good Luck!
