Famosky

BTCUSD trading Recommedations

Long
COINBASE:BTCUSD   Bitcoin
**Yay !**

**BTCUSD found an acceptance near the anticipated value area - $47k.**

Thanks to the mild volatility and the swift 4H MA cross-over.

They all helped buyers to secure buying swing points and obviously the long-awaited bullish structure.

At this moment, buyers are buoyed by the recent trendline break and would obviously defeat the $50k resistance .They are expected to ride the short-term trend till $52-$53k before considering another correction.

**Decision rule : Securing 1 buying position now is cool , but making two buying position - @ current price and @ $49,500 is better.**

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