BTCUSD: Patience Required

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BTCUSD: Patience RequiredBitcoin / U.S. dollarBITSTAMP:BTCUSDPouyanFaNo significant move has occurred on Bitcoin, except for a large wick caused by a news event, which likely swept many stop-losses. In my view, a move toward the 82–80K zone seems largely inevitable. For now, it’s best to wait and see how the market decides. There is no clear entry trigger at the moment, unless a short-term setup forms on the 15-minute timeframe, allowing for a move toward the 81K area. Otherwise, forcing a trade here carries unnecessary risk.