BTC Update: Still stuck around $83.2k
Market is showing weakness. MA(7), MA(25), MA(99) all are above price which means bears are in control for short term.
But good news: $83,000 is still holding as support.
If BTC breaks below $82.8k then we can see $81.5k. If it holds, then $84k is possible.
Don't use high leverage in this market. Spot holding is safe.
What is your plan? Long or Short?
#BTC #Bitcoin #CryptoTrading #BinanceSquare
Market is showing weakness. MA(7), MA(25), MA(99) all are above price which means bears are in control for short term.
But good news: $83,000 is still holding as support.
If BTC breaks below $82.8k then we can see $81.5k. If it holds, then $84k is possible.
Don't use high leverage in this market. Spot holding is safe.
What is your plan? Long or Short?
#BTC #Bitcoin #CryptoTrading #BinanceSquare