2022-07-24 17:56:54
#BTC UPDATE
To be honest, the market is not easy. Today is Sunday, weekly closure happen soon. Weekly MA200 is located at $22,650 - $22,700 level so we have all chances of breaking through one and closing 1W candle slightly above it.
We still hold 25% of the deposit in Bitcoin. As you can see from the chart, the price has formed a falling wedge, we are planning to play from this pattern. If it break down, which correlates with losing the $22,000 support, we will reduce the size of position.
And on opposite, in case of Bitcoin breaks above the $23,000 resistance and taking hold above the WMA200, we will add some #BTC to our bags. This is the plan for now.
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