Bitcoin
Short

Bitcoin Bottom Soon?

Von wealth_compass
The long term trend of Bitcoin is still down.

I took a quick short trade when Lazy Trend System indicators were aligned. As usual, my risk is always 1% for short term trade. The trade was closed at 3% profits.

The price is currently approaching the support zone of around 3980. If the price rebounce, there could be a potential short to mid term upside. If the price broke this level, we may potential see further sell down on Bitcoin.
Beyond Technical AnalysisBitcoin (Cryptocurrency)bitcoinforecastbitusdcryptoCryptocurrencyTrend Analysis

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