🔥 Plane your trading while keep movement of BTC Bcz all othere crypto moves are affected by the movement of $BTC .
So here is the
Market update of #BTC
Bitcoin is continuing in a bearish trend on the 4hr chart, whilst still inside the $101.5k - $106k range that we are monitoring. Lower Highs and Lower Lows are being made and until the range above has been broken I will look to continue scalping entries on altcoins. This is the strategy I have been giving to the Premium Group where we are on a great run of wins. I think it is important not to have a fixed bias here, just trade the range. Let's see what today brings.
Also #Bitcoin cannot maintain the $103,000 support level. There is a downtrend channel on lower time frames. A break of this downtrend channel will push the price toward the $107,000-$108,000 resistance level.
Also keep in mind that BTC gave a break of the trendline and local support areas too. Alts are still suffering a little but, due to #BTC movement. We need to see Bitcoin pumping or remaining stable which will allow altcoins to breathe.
