BTC-USD Trading update June 10, 2020
Bitcoin BTC is quiet - too quiet!
Which means a BIG MOVE is coming....
Since my last update from last week, BTC went from 10544 as expected down to 9270, but then went into a sideway range between 9270 and 9900, currently stays at around 9800.
Generally, most chart analysts expect soon a big bullish move over 10k again, however some negative news like from USDT Tether could push BTC first further down.
I recommend amateur traders, who do not sit the whole day in front of their trading desk, to WAIT and stay away from trading, until the direction of the bigger move is clear to jump in, because what you don't want is to be on the wrong side of a big move....
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