#StopHunt How can you escape from a stop hunt? It's nothing more than looking at the price movement chart without relying on complex indicators. Because the chart reflects the nature of price volatility. The image below illustrates a case of a stop hunt. In general, this phenomenon often occurs when there is a sideways range beforehand. So how to know that after this sideways range, the price won't create a stop hunt? The simple way is to wait for the price to break out of the accumulation. Then create a clear trend. That is, wait for a moment when the barrier is broken, then look at the trend and decide at the second moment. #coin #StrategicTrading
Bitcoin could rise to around $170,000 within the next six to 12 months as leverage resets and its relative volatility versus gold improves, according to JPMorgan analysts.