2021-02-23 00:00:55
BTC / USDT :
Update analysis
Currently, most people are looking for $ 68/77/84 thousand as next btc targets, which is a logical thinking because of this correction, but here is our advice, if you have not bought a btc less than 50 thousand and this is a correction that makes you feel better, we recommend that you wait The monthly closing will happen 7 days from now.
What is our view for the next movement:
Sure, this is a nice and good correction, but as we approach the end of the month, we'll wait for the monthly candlestick to close as a confirmation of the next bullish wave.
If BTC closes below 44K per month, this would indicate the start of a dump movement, and if it does not close above 58K, that would be a good thing for the bulls.
Expect some reaction from this area, so buying btc from a fresh high is definitely not a smart move.
So be smart, be safe. Reserve a portion of your winnings, secure your trades, and check your risk management plan.
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