.,Hello my people is King đ of Forex Again .
#BTC update Today.
Have being away for some time now but am fully back to give you the next Bitcoin update or next move.
Bitcoin is currently trading @ $63,300 as at when am writing this update.
For those of you trading future please take note that Bitcoin will Buy to clear the liquidity above $65,000 area because alot of stop loss are in that area.
Now Bitcoin will do maximum $68,000 but it will not close above $65,000 on the Daily TF because is a discount area and if it eventually close this area of $67k to $68k it means there is break of market structure and market will continue to BUY after retracement.
Now this is my entery point for a SELL
if Bitcoin do anytime above $66,000 i will look for break in market structure on the 15min TF and enter for SELL then put my stop loss with $500 difference incase market later change direction.
Note: I strongly believes that Bitcoin will SELL in this area of $66,000 --- $69,000 because Bitcoin is in a BEARISH TREND đ
please Take note this is not a financially advice always do your own analysis .
