Bitcoin is finding it hard to break and stay above $9700. That level of resistance is quite strong.
The 50 day moving average has turned up but the volume has faded a little.
The big problem is the monster resistance which will be the 200 day moving average. The bias, however, is still bullish.
I am swing, and day, trading the channel that Bitcoin is trading in.
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But if it successfully breaks that point then it means the price of bitcoin will soon reach 15000$ again
Do you think Bitcoin is the best investment at this point? It seems altcoins have much more space to grow.
I am in Hawaii and thus don't have access to all the exchanges. I prefer to trade where I can trade from crypto to fiat. I am too scared to trade to Tether (USDT). All is good when the market is up, but when it goes down you can stop from losing money, because when I was trading from Alts to BTC and visa versa I got crushed when everything was going down. Upvoted and followed you.