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Coinpedia-Market-Insight
Oct 6, 2021 6:42 AM

Bitcoin Long or Short ? 

Bitcoin / TetherUSBinance

Description

BTCUSDT

*If Bitcoin breaks the Resistance of $52,500 we can see a good move for the Long position.
*If it consolidates and forms a rejection candle BTC will fall below $45,000.

Spot rate: $51,540
Support: $42,000
Resistance: $52,500
TP for LONG Position: $59,000
TP for Short Position: $45,000 - $42,000
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