Therealsmaira

BTC into new peaks ?

Long
COINBASE:BTCUSD   Bitcoin
BTC is trading around 50% level of the Fibo retracement, knowing that buy can be executed at 61.8% and 50%. As it would go higher, it could retest the resistance which is in the case of bitcoin only round numbers and finally trade in a bullish movement until it reaches new peaks. This scenario is the most wanted one by investors.

As we always say, trade safe and if you don't understand the market of a pair, don't trade it. BTC trading involves huge risks as the volatility of the market is huge.

If you like the idea don't forget to support us with a like and follow ! Trade safe !

Cyril from MacroForex Hub

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