Bitcoin has bounced from the yellow zone and is now suitable for a long position with leverage up to 10x. At the first target, the position should be made risk-free, and from the second target onward a trailing stop should be used, as there is no guarantee it will fully reach all targets, so we need to manage the trade carefully and stay alert. All targets and the stop loss have been defined. Current price is $77,450.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.