Bitcoin is currently sitting on a couple support levels in confluence. The first being the small uptrend market structure, and the second being a price level support around 27.3k.
There are a couple approaches to take at this level. The first of which is beginning to realize profits on some recent short positions, and the second which is looking for short-term long positions to enter if their charts give indication of a price bounce.
Bitcoin is currently sitting on a couple support levels in confluence. The first being the small uptrend market structure, and the second being a price level support around 27.3k.
There are a couple approaches to take at this level. The first of which is beginning to realize profits on some recent short positions, and the second which is looking for short-term long positions to enter if their charts give indication of a price bounce.