Bitcoin Correction - BTC/USD prediction

9 янв. 2021 г.

Bitcoin hit the new all-time high of around $42 000, and at least for now, this level was rejected. Volumes are also lower, and the buyer's appetite seems to be worn-out. I hope this could be a good possibility for buyers who don't want to enter the market at this price. Other altcoins also hit the top, and they are losing.

I closed 8/10 of my position at $41 400. I am keeping a small part just for the case of another bull run. If we cross 42K, I will enter the market with a pullback to this support.
I am not shorting Bitcoin. I think this is not a good idea.
I am heading to a new entry-level to jump in for another ride to the MOON.

Here you have Bitcoin entry levels for LONG positions:

$36 620
$34 780
$30 650
$28 730