BTC ANALYSIS 8/7/23

7. Juli 2023

BTCUSDT.P

We are BACK with other simple analysis and yes, we are still in that consolidation phase for now and just waiting to signal what way BTC wants to go but either way we adapt to whatever it is get some nice trades in. As far as we know guys, we could be about to blast all the way up to the 35k mark at any time! I am still longing as I am long bias although my risk is less and my SL is much tighter at this point in time. The biggest advice I can give out of this post is -
*Stay extremely patient and don't pull any impulsive triggers.
*Keep your risk to a minimum.
*Make sure the SL's are tighter than usual.
*As I said in yesterday's post take this time for studying on your craft OR yourself.

Thanks guys.