Is the price moving in ranges?
Let's see
Bitcoin has left the range that has remained for almost 3 months and the price is rising.
If we measure the previous range and project it, we see that it coincides with the upper part of the new range, where the price today has slowed down.
We can expect that in the next few weeks bitcoin will correct its price after rising by approximately 25% in a few days.
We can measure a possible bullish range that would take the price up to $ 13,000 dollars
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Protect your assets use Stop loss
The alcoins market is very dependent on the price of Bitcoin, when Bitcoins goes up the alcoins go up more, but also in the other sense, so I suggest that you periodically review a Bitcoin and use stop loss and move it when they are already in profit. Do not let a profit become a loss.
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