Bitcoin: Safe Zone for Long Positions, But Stay Cautious
Right now, Bitcoin is forming a new higher high, but we haven't seen a pullback yet. There's still a strong chance it could drop to the $59,800 - $59,500 range, which could be a good spot for a long position. However, if it falls below that zone, it might break the trendline, pushing the price down towards $58,000, a key psychological level for the market. It's best to wait for the price to enter the Long zone before making a move.#Write2Earn! #Bitcoinâ #Write2Earn! #BTCâ