BTC Mid term analysis
As we saw BTC dropping from 200 ma and many global factors are creating indecisive conditions right now, but BTC is still showing positive signs.
but it seems it will range between 50000-45000 in January where the upper limit can be 55k and low around 45...
But at end of Jan/Feb start, we would see a sharp retrace to lower RSI around 25 and a strong push around the 2nd week of Feb.
if we can break upper resistance we can see an 80k in Feb.
for now, I think it's better to do grid trading and hold 50-60% of your money. buy more around 42,750 with SL 40k.
see you next year. Best of luck
PS. it's just technical analysis, not a future prediction. do your own analysis before investing. \m/
but it seems it will range between 50000-45000 in January where the upper limit can be 55k and low around 45...
But at end of Jan/Feb start, we would see a sharp retrace to lower RSI around 25 and a strong push around the 2nd week of Feb.
if we can break upper resistance we can see an 80k in Feb.
for now, I think it's better to do grid trading and hold 50-60% of your money. buy more around 42,750 with SL 40k.
see you next year. Best of luck
PS. it's just technical analysis, not a future prediction. do your own analysis before investing. \m/
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