BTCUSD at a Key Level – Patience Before Positioning

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BTCUSD at a Key Level – Patience Before PositioningBitcoin / U.S. dollarBITSTAMP:BTCUSDPouyanFaLet’s keep the Bitcoin analysis very brief. As long as price does not firmly close above 72,000 with a strong candle on the daily or 4-hour timeframe, we are only allowed to open short positions on these timeframes or lower. If the major support level — which is extremely important — gets broken, price could potentially drop toward 48,000. Therefore, while the market is in this range and indecisive phase, we avoid opening positions so our trades don’t get trapped in volatility and emotional moves. We wait patiently and hunt for a clear opportunity. #Pouyanfa🔥