Current state of BTC
BTCUSD Perpetual Contract BYBIT:BTCUSD
the last two weeks have been pretty good for btc , but now it looks like we are about to dump to some lower prices for the next few weeks.
I want to see if this little dump is going to bounce off the 20/50/100 MA and if so I would enter a trade with like 6x leverage to 52k .
if not and we dump we are probably not gonna see 50k again for a long time, enter your shorts.
While BTC is dumping or consolidating good coins to watch would be XRP, ADA, ETH, and SOL.
Good Luck Trading
