Bitcoin BTC/USD High Downside Risk & Limited Upside

 In Market News, Technical View, Trading Signals

Bitcoin, BTC/USD is trading at $8,576 level and got significant resistance not far above (see chart below) not far above, up to $9,400 level. In contrast current holders of BTC/USD holding the risk of potential significant downside down to the $6,100 level. At this point, it is better to stay out or SHORT it when it move up to resistance.

Recent Posts

Leave a Comment

Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Not readable? Change text. captcha txt

Start typing and press Enter to search