BTC at a solid support – what's next?
BTCUSDT Perpetual Contract BYBIT:BTCUSDT
- BTC is trading at very crucial support = 29000.
If we see a bounce from here, long positions may be opened in this range with a stop-loss defined below the support.
On a flip note, if the price drops further, it will provide an excellent short opportunity with a stoploss above 29000.
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