ZekePro

BTC - Deciding Moment

BYBIT:BTCUSD   None
Alright, BTC is on its deciding moment. A real, clean break of 7300, means we can go all the way up to 8k. Failure to break means more momentum downwards. Please refer to chart.

Technical analysis supports uptrend more but placing a long is a huge risk because we are in high point of the range.

It would be safer to place a short before 7300, but you're going against TA. Again, don't bet the whole farm.
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