For several days, $BTC has been trying to break its historical peak at $109,000, but has not been able to do so until now.
This hesitation is mainly due to the weakness of Bitcoin's dominance, which needs to increase in order to break this peak, and this is the direct reason for the poor performance of alternative currencies during this phase.
This tense phase may continue until one of the following two scenarios is realized:
Successful breakout of the historical peak.
Or the price returns to test the previous support at $98,000.
In such times, it is better to avoid intensive trading, although there are some limited opportunities that can be cautiously exploited in the coming hours without risk.
Regarding our previous trades:
All trades have been secured.
Each of them is supposed to have achieved at least one goal.
But the current situation is tense and requires you to start achieving your goals soon, otherwise it will be closed regardless of whether the stop is activated or not.
In summary:
Adhere to the stop for each trade.
If activated, close the trade immediately and wait for the upcoming updates.
In the upcoming period, we will focus only on quick and short-term scalping trades.