Thoughts on #BTC
Hello everyone) #Bitcoin gained 15% in a day
On the way, we broke through the 4-hour downward trend (yellow circle) and with a sharp squeeze went away from it to 62,000. Now the picture has become clearer.
Bitcoin has 3 paths and 2 targets (green and red lines) at the moment.
1 path (purple) breakout of the high - after breakout of the trend and move down to targets at 49,000.
2 path (red) breakout of the trend - immediately move down to targets at 49,000.
3 path (green) breakout of the trend - after going beyond the high and going to targets at 70,000.
So for now I'm watching and will open deals based on the price movement)
P.S. I share the profit for the beginning of August)
Green portfolios to everyone and watch the risks)
