Bitcoin today entered a zone of wide volatility. You can tell by the fact how sharply it fell in price from $ 9,750 to $ 8,660. Such a strong impulse downwards opens us today opportunities for both buying and selling BTCUSD.
Priority of the day: buying BTCUSD with a target of $9200.
Projected scenarios:
1. We are going to buy Bitcoin from the zone for purchases: $8,600 - $ 8,400.
2. If there is a strong resistance near the level of $9000, we consider sales up to the purchase zone of $8600.
Alternative scenario:
Bitcoin constantly narrows from the zone of wide volatility into the figure "Triangle". Therefore, we have today the risk of entering into a deal and achieving none of the goals for the day. It means that flat is possible.
Priority of the day: buying BTCUSD with a target of $9200.
Projected scenarios:
1. We are going to buy Bitcoin from the zone for purchases: $8,600 - $ 8,400.
2. If there is a strong resistance near the level of $9000, we consider sales up to the purchase zone of $8600.
Alternative scenario:
Bitcoin constantly narrows from the zone of wide volatility into the figure "Triangle". Therefore, we have today the risk of entering into a deal and achieving none of the goals for the day. It means that flat is possible.