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Bitcoin (BTC) trading strategy going forward


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Bitcoin (BTC) has taken a significant beating in the recent months. Just last night we saw the price of Bitcoin (BTC) tank more than 5{d745bfe1f0a8cfaf7934723e820c1a1fdf298af2e9634a8abb073c3029806a15} on what seemed to be no reason at all. Technically speaking Bitcoin has been struggling to break out of this $6500 – $6800 range. We will not dwell into the details at though why, however, we do have a trading plan for our readers.

Generally, the low $6100 level has been strong support for Bitcoin (BTC), yet it is unclear whether that will hold to be true or not. Looking back we can see that Bitcoin (BTC) has bounced from $6100 to at least mid-$6000s to low $7000s. The space has been pretty boring in the last little while and we’ve come up with a play to make it a bit more exciting for our readers.

Bitcoin (BTC) chart | technical analysis

 

What is our Bitcoin (BTC) trade plan going forward?

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Dr. Tiam Feridooni

Written by: Dr. Tiam Feridooni MD, PhD, BSc Dr. Feridooni, graduated from Dalhousie Medical School in May, 2018. Prior to enrolling in medical school, he completed his Bachelor of Science with Honours in 2010 in Biochemistry. He then obtained his PhD at Dalhousie University in Pharmacology in 2014, with a focus around regenerative medicine and stem cell transplantation. Dr. Feridooni has been published numerous high impact journals and has also co-authored a few books.

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