The BTC is creating trade set up where next target is at 7940 and if exceeded with strong buying volume, Bitcoin will reach T2 at 11360 as new resistance and support to reach 16786. A stop loss is set at 3800.
There is potential for BTC due to the drop in oil and other commodities as the bitcoin gave negative correlation with traditional commodities.
There is potential for BTC due to the drop in oil and other commodities as the bitcoin gave negative correlation with traditional commodities.
Trade active:
1 target profit reached
Trade active:
BTCUSD has broke the 1 TP with strength and we can position to take profit at 11360$