FX.co ★ Trading idea for Bitcoin

Latest market signals suggest that key levels in Bitcoin are $ 28,000 - $ 30,000.

For medium-term traders, especially those who trade with leverage, there is simply no other place to set up transactions because Bitcoin is steadily declining, forcing buyers to dump their positions.

Most likely, price will slip below $ 30,000, but after that there will be good opportunities to open long positions.

For example, investors can try to buy from $ 28,000 to $ 25,000. After that, when Bitcoin rises again, they can top up the long positions.

This idea follows the framework of Price Action and Stop Hunting strategies.

Good luck!