Bitcoin

8300 as a key point!

170
BTC Update

Bitcoin finally reached the support zone between 8200 and 8300 yesterday before bouncing back to the 8400.

The daily technical situation remains negative while on a 4h and 1h horizon the indicators show signs of potential increases.

Trend follower?


Still positive on a daily basis, but negative on a horizon of 1 hour and 4 hours.

What can be done?

I told you about a long over 8300 to aim for 8700 but the rebound has not had this magnitude. If you were in position, I hope you still took some of your profits.

It is still possible to open a buy position based on the technical situation 1h and 4h, but it will be more risky than the first test.

Stay cautious and preserve your capital.

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