Adds that bitcoin behaves more like a tech asset than a commodity in the short term, often showing stronger correlation with the Nasdaq than with gold.
Bullish above $86040, bearish below $85850 (see the note about monitoring a SUSTAINED move of the price above or below the thresholds). And remember a main benefit of the tradeCompass that guides you with professional key price levels for considering taking partial profits. Trade bitcoin at your own risk only.
Bullish above $83,650. Till then, Bitcoin bears have the ball and are eyeing these profit targets. Use tradeCompass to support your decision making and trade crypto at your own risk only.
Use key price levels with tradeCompass and this possible early hint from the unique S&P 500 futures analysis, to support your decisions. Invest in or trade crypto at your own risk only.
Bitcoin futures have seen a strong rally, but the market is now extended on the short-term timeframe. Watch the key levels of the tradeCompass. Trade Bitcoin at your own risk only.