Bitcoin is currently in a non-trade zone.

As I previously wrote, there are two strong supports: $25,000 and $23,200. Both these levels are great for buying Bitcoin there.

But, there is a potential SHORT setup as well: If the price goes upwards to the $27,700 - $28,200 zone and stops there (without taking hold above it), it makes to open a SHORT position with the target at $25,000.

Will keep you updated on this trade idea. Nothing interesting to say more here.

$BTC #BTC #BTCUPDATE