BTC / USD M30 update

BTC / USD M30 update

Hello


As you can see from the 1G on the 25th, updated BTC is progressing with irregular regression, and we have seen a BTC regression of USD 6341 on the Bitfinex trading floor, is a positive sign of the market altcoin making the market a blue love but full of traps.

Given the current movements, we note that the BTC regression phase has ended in the M30 time frame and continues to move back towards the downward trend of USD 5151.5 - 5265.1. However, in order to return to this price range, we think that it takes at least one week before the BTC will move sideways. We also recommend that you set Stop Loss for this area to prevent complicated developments of BTC that may occur due to the non-stop impact from the USD exchange rate.

We will update the next newsletter when the BTC falls to $ 6087.8

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