Over the last three days, the bulls are defending the $10,000-11,000 levels. Reversal Pattern has been form yesterday with confirmation. This is the good time to Buy BTCUSD if it breakouts short-term down trend and the bulls can hold the price around $11,700-11,900. I think you should allocate just about 50% of your capital for this order. Because if Bitcoin goes up then after that it will face resistance at the mid-term downtrend.
Commentaire:
Yesterday, we saw a pull back after a breakout with the old short-term downtrend. It went back to retest this old one trend and the bulls are defending @ $10.900 on H4 timeframe. It is trying to breakout the new short-term down trend. Let's wait and see
