G'day Trader.
Another new week for CFDs traders. Today we going to analyse BTCUSD (BITCOIN).
I personally would like to check and monitor this pair next directions. Generally, these pairs reach ATH (all-time high) recently as predicted from my previous analysis. It's normal for any financial market to create a healthy correction after a huge movement.
$66k price tag was achieved then corrected to $59k, this movement still solid uptrend unless price heading for $53k price for 50% fib retracement. For now, I personally this momentum keep pushing toward the $66k price tag. Then only another analysis will be published to ensure we keep track of our portfolio.
Just in case, price solid break below $59k price we might look for 50% fib retracement before upside movement takes place. As at the moment most investors looking for discount prices for profit-taking.
Let's see what gonna happen next. "Dance with the Market"
Another new week for CFDs traders. Today we going to analyse BTCUSD (BITCOIN).
I personally would like to check and monitor this pair next directions. Generally, these pairs reach ATH (all-time high) recently as predicted from my previous analysis. It's normal for any financial market to create a healthy correction after a huge movement.
$66k price tag was achieved then corrected to $59k, this movement still solid uptrend unless price heading for $53k price for 50% fib retracement. For now, I personally this momentum keep pushing toward the $66k price tag. Then only another analysis will be published to ensure we keep track of our portfolio.
Just in case, price solid break below $59k price we might look for 50% fib retracement before upside movement takes place. As at the moment most investors looking for discount prices for profit-taking.
Let's see what gonna happen next. "Dance with the Market"