BTC (Bitcoin) technical analysis and Price Prediction
Hi This is Devendra Singh Here I'm analyzing the BTC chart. I found a good buy here so have a look on the chart. From last several days Bitcon is in consolidation state and it is because it increased hugely after the market crash so we can expect some consolidation. And also it is necessary because no price can go up with 90 degrees of angle. so don't get bored but happy so that it is the indication that the price will not go down from here. in the chart you can clearly see that is in a fixed range a having a support and a reistance levels. we can take a long position here in the BTC with a stoploss just below the support line also we should maintain the position sizing and risk management. Don't follow anything without intelligence and knowledge. according to me after the consolidation BTC will touch the 60K mark easily within some 2-3weeks. so it is a short term trade that can give a decent amount of profit that is around 20%. And if you calculate with your positi...

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