Analyzing BTC/USD: Bitcoin’s potential drop to $37,000 if $40,700 support is breached
BTC/USD trading strategy Buy/sell asset: Sell BTC/USD Entry price: $40,700 Stop loss: $41,800 Leverage: 1x Take profit 1: $39,600 Take profit 2: $38,500 Take profit 3: $37,000 Timeframe: 1-2 weeks Maximum profit: 9% Maximum loss: 2.8% BTC/USD chart and technical analysisBitcoin is retesting a major support level of…
January 19, 2024