#TradingPairs101
What is your analysis of Bitcoin?
Bitcoin is currently moving in a narrow range between $68,000 and $70,000. If it firmly breaks the next resistance at 70K, we might see a new upward surge, especially with the increasing institutional interest. However, if it loses support at 68K, we may return to test the 65K areas.
Carefully monitor the trading volume. Personally, I use a strict stop-loss and only enter short-term trades during this period.
This is not a definitive opinion, but rather an effort and follow-up over the years on the movement of cryptocurrencies.
Let me know your opinion.