Bitcoin bounced just as expected, & Possible scenarios.
$BTC bounced off the support just as expected and reached my first TP (take profit) at $23,800.
$BTC rejected hard and dumped very fast after reached the first TP unfortunately though, which was honestly unexpected.
After this current rejection, I have charted possible bearish scenarios, as well as the bullish scenarios of course.
I am still going to hold my long, but I will be cautious and might hedge a short, we will see.
$BTC is in for volatile times, personally I would not use high leverage during the volatility.
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$BTC rejected hard and dumped very fast after reached the first TP unfortunately though, which was honestly unexpected.
After this current rejection, I have charted possible bearish scenarios, as well as the bullish scenarios of course.
I am still going to hold my long, but I will be cautious and might hedge a short, we will see.
$BTC is in for volatile times, personally I would not use high leverage during the volatility.
FOLLOW ME for accurate FREE Crypto analysis/signals!
Comment:
Went down near support as expected and bounced!
