Bitcoin Analysis and Strategy Today
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I believe BTC is going to test the lows around 50-51k one more time since it still lacks the strength and momentum from that small corrective move we have seen last hours.
I actually would prefer a lower low around 48k on lower volume which would likely give us a nice bullish divergence on the RSI. From there we should see an attempt to break 56.5-57k which would be the first major resistance BTC needs to break but the real key resistance level now sits around 62-64k, really not sure if we see this break at this point.
A higher low scenario around 52k is also possible but either way I don't believe the bottom is in. So if it gets to 48k I would bet big, if it's going to be 52k I would bet much less but this is just a rule I have: Bet the most on lower lows, bet high at equal lows and bet less on higher lows.
I actually would prefer a lower low around 48k on lower volume which would likely give us a nice bullish divergence on the RSI. From there we should see an attempt to break 56.5-57k which would be the first major resistance BTC needs to break but the real key resistance level now sits around 62-64k, really not sure if we see this break at this point.
A higher low scenario around 52k is also possible but either way I don't believe the bottom is in. So if it gets to 48k I would bet big, if it's going to be 52k I would bet much less but this is just a rule I have: Bet the most on lower lows, bet high at equal lows and bet less on higher lows.
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Investing is a long-term solution, not a one-time investment, so don't be hasty. Even if you are losing money now, there is nothing to be afraid of. As long as you make the right choice, everything you lose will come backOperación activa
Let's see what happens in the next few days?Operación activa
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Hello everyone, if you have any thoughts or opinions about today's market changes, you can leave a message in the comment area to share your thoughts. If you have any questions, I can help youOperación activa
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