#BTC
Continuing lower low $BTC is now Hovering around 101k. What might happen next,let's discuss:
1. $BTC may bounch back from here if it sustains above 100 k in next 24 candle and continue its rangebound trend of range 100k to 112k will continue
2.If the escalation between Iran and israil stops then btc will regain from this level Otherwise if escalation continues then btc may slip further.
3. If US continues to strike Iran ,$BTC will slip to next support level 91500 to $ 93300.
4. Othe problem is oil supply.If there is a blockage of any oil supply it will have an impact on market and btc may fall to the above mentioned level.
So overall ,you just need to watch the above two main points and plan your trade.
1.Israil &Iran tension
2.Oil price rise
Strategy: Buy at Major support only with strict stoploss.
Investors- I think 20% of your capital should invest now if you are an investor.Next 30% capital should be invested if btc further slips to 91500 to 93300
Short term traders- only agressive Traders
buy now with a stoploss of 97k if market sustain above 100 k in the next 24 hours
Begginers - Just watch and see mode.
Hope this helps.Happy trading and investing 😊.