The price of bitcoin found support not far from the 4000 level.
Judging by the marginal positions with Bitfinex, the time has come for consolidation / recovery and now the best position is to stick to all the conditions for entering a position, or to remain outside the market for a while.
While the price is within the yellow channel, setups for short sales are acceptable. If the border is overcome - it is worth carefully watching what is happening, because possible sharp bursts of volatility in the direction of increasing the cost of bitcoin.
Judging by the marginal positions with Bitfinex, the time has come for consolidation / recovery and now the best position is to stick to all the conditions for entering a position, or to remain outside the market for a while.
While the price is within the yellow channel, setups for short sales are acceptable. If the border is overcome - it is worth carefully watching what is happening, because possible sharp bursts of volatility in the direction of increasing the cost of bitcoin.
