After forming a small b last week, Bitcoin price has continued to decline and has reached the edge of the parallel channel
The price is expected to recover around 60,000 before continuing to decline further.
So, it’s best to reduce buying at this moment. Be patient and wait for the price to recover to the resistance zone above, where all reversal factors converge, that is when we should enter the market.
Always strictly adhere to risk management rules to ensure a steady and sustainable source of income.
Wishing investors smart and effective investment strategies! And stay tuned for the next Bitcoin price updates.
By Pham Thanh Bien
