Bitcoin Forecast As We Await CPI Report Jan. 12.

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Bitcoin Forecast As We Await CPI Report Jan. 12.

Noteworthy:
Never forget that crypto trading is a game of probability.
Trail the stop loss mechanically.
The trend is your friend; Identify the trend, ride the trend;
Once you get risk free, ride the trend until it end and reaches its bend.

No one ever went broke taking profits whenever the crypto market trend (direction and time) is in your favor.

Do not forget the historical wise saying, "Never invest more than you can afford to lose."

Not a financial advise, I suggest using this only as a guide - Do your own research.

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There appear to be a fair degree of balance of power between the #Bitcoin bulls and the bears.
However the uptrend is currently limited on the weekly time-frame based on the Stochastic RSI data.
Daily time frame is currently overbought,
Fundamental AnalysisTrend AnalysisWave Analysis

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