Hello guys,
Bitcoin has fallen drastically after the fail in rally. Lot of annalists expected in a rally of bitcoin however, bitcoin failed with an indication showing of weakening buys.
Market could always change and play against you so it is always important to put a stop loss.
Things to consider:
1.Bitcoin could retrace back to the common retrace back zone before falling down more.
2.Current level has a pretty strong support.
Bitcoin has fallen drastically after the fail in rally. Lot of annalists expected in a rally of bitcoin however, bitcoin failed with an indication showing of weakening buys.
Market could always change and play against you so it is always important to put a stop loss.
Things to consider:
1.Bitcoin could retrace back to the common retrace back zone before falling down more.
2.Current level has a pretty strong support.