$BTC #BTC
Hello,
I didn't post any signal in last week. as the market was not showing any clear direction.
so I avoid to trade and post any signal.
From here now it showing some visibility which is positive in my analysis.
still I'm not sure 100% but I can sense a rally in BTC. But before involving still keep in mind it is still risky. I'm just sharing my analysis here and you guys make your research then trade.
1. BTC looking ready for a bull rally again, as it retest 40200 and didn't break it. breaking below 40000 mean bull run is over. but today we experience a good pull back from 40k support which indicate a rally toward new yearly high and ATH.
2. BTC can still go 40k support retest and even can fall below that level. the it be not surprise to fall further to 35k and 30k. in short breaking of 40k mean trend is literally change to bearish.
3. I personally open long and took risk. though it is quite risky but it desrve to take risk.
I'm not financial advisor do your own research before investment.