Bitcoin value forecast, why promote at $51500 – $52000, could decline to $38000 – $39000 πŸ“‰πŸ“Š


The next video reveals my opion and bitcoin value forecast with some commerce concepts

  • Present Place: Bitcoin hovers round $51,615, dealing with double resistance. πŸš«πŸ“ˆ
  • Market Motion: Current break from a bullish sample, now at a pivotal bearish juncture. πŸ“‰πŸ»
  • Commerce Technique: Bearish bias with a stop-loss above $54,300 for danger administration. πŸ›‘πŸ’‘
  • Place Sizing: Alter measurement for an optimum reward-to-risk ratio; goal for significant earnings. βš–οΈπŸ’Ό
  • Revenue Targets: First partial revenue at a cautious 1.32 reward-to-risk, with a long-term goal under $50,000. πŸŽ―πŸ’΅
  • Changes: Refine stop-loss and targets for a possible common ratio of 1.65, enhancing commerce viability. πŸ”§πŸ“Š
  • Threat Mitigation: For non-traders, think about lowering publicity to mitigate danger at this unsure juncture. πŸ›‘οΈπŸ‘€

This snapshot gives a strategic outlook for navigating Bitcoin’s volatility. Keep in mind, commerce properly and at your personal danger. For extra detailed steerage and updates, in addition to different views, comply with ForexLive.com. πŸŒπŸ’‘

This text was written by Itai Levitan at www.forexlive.com.



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