BTC is trading around 50% level of the Fibo retracement, knowing that buy can be executed at 61.8% and 50%. As it would go higher, it could retest the resistance which is in the case of bitcoin only round numbers and finally trade in a bullish movement until it reaches new peaks. This scenario is the most wanted one by investors.
As we always say, trade safe and if you don't understand the market of a pair, don't trade it. BTC trading involves huge risks as the volatility of the market is huge.
If you like the idea don't forget to support us with a like and follow ! Trade safe !
Cyril from MacroForex Hub
As we always say, trade safe and if you don't understand the market of a pair, don't trade it. BTC trading involves huge risks as the volatility of the market is huge.
If you like the idea don't forget to support us with a like and follow ! Trade safe !
Cyril from MacroForex Hub