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Bitcoin - BTCUSD Risk of $17K Range

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Hi Everyone

Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.

In today's analysis we take a look at Bitcoin - From the NEAR TERM perspective, it seems highly likely that the next stop is around 17K range. Technical Indicator Phoenix Ascending together with the Bollinger Bands confirm this support level.

Even though we'd all rather hear bullish news, bear markets are an excellent time to reaccumulate and this is where you need to trade without your emotions. Manage your risks, invest responsibly and don't spend more than you can afford.

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