Bitcoin is at 65,869 dollars. Is 62,000 next, or does it bounce to 70,000 first? 🤔
CoinGecko data checked at 20:00 PKT puts Bitcoin near 65,869 dollars, down 4.37 percent in 24 hours, with fear and greed at 13, extreme fear, and 1.26 billion dollars liquidated in the past day. 📊 Coinbase Institutional sees 62,000 dollars as the next major level if the 66,000 to 68,000 range fails, while a reclaim of 70,000 would open a relief bounce, and the Fed minutes on Wednesday will likely decide which way it goes. My own view is simple, I am watching the level, not my feelings, and I am not chasing either direction until one of the two levels breaks, because trading the middle of a flush is how accounts get wiped.
Which side are you on, slide to 62,000 first, or bounce to 70,000 first? 👉
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #BitcoinPrice
CoinGecko data checked at 20:00 PKT puts Bitcoin near 65,869 dollars, down 4.37 percent in 24 hours, with fear and greed at 13, extreme fear, and 1.26 billion dollars liquidated in the past day. 📊 Coinbase Institutional sees 62,000 dollars as the next major level if the 66,000 to 68,000 range fails, while a reclaim of 70,000 would open a relief bounce, and the Fed minutes on Wednesday will likely decide which way it goes. My own view is simple, I am watching the level, not my feelings, and I am not chasing either direction until one of the two levels breaks, because trading the middle of a flush is how accounts get wiped.
Which side are you on, slide to 62,000 first, or bounce to 70,000 first? 👉
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #BitcoinPrice
