Since the beginning of the year, Bitcoin has entered a strong recovery move, and although I'm not so optimistic and don't see a sustained rise for the next 6 months or so, for me, as a speculator, doesn't matter much if the price of BTC will be 100k or 10k in the next 6 months. All that matter is where BTC's price will be next week.
And all I know is that, at this moment, the old 21k resistance should act as support now.
As I said, the price is very well sustained at this moment and, as long as we are above 21k, bulls hold the upper hand.
That being said, buying dips could be a good strategy if we target 25k and set a stop loss under 21k
And all I know is that, at this moment, the old 21k resistance should act as support now.
As I said, the price is very well sustained at this moment and, as long as we are above 21k, bulls hold the upper hand.
That being said, buying dips could be a good strategy if we target 25k and set a stop loss under 21k
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